on shareholders perspective, are both dividend received and capital gain on selling share taxable? if yes, which one they have to pay higher tax on?
Ask the Tutor ACCA AFM
tax implication on shares
Dividends received are deemed to be net of tax at basic rate - only higher rate taxpayers will pay more tax. Capital gains are also taxable.
I have no idea of the rates! This is not a tax exam :-)
Sign in to reply to this topic.
