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Question regarding S&S ISA and Dividends
ses6jwg
Posts: 5,381 Forumite
Hi all.
I recently decided, for the first time, to use up the rest of my yearly ISA allowance by opening a self-select stocks and shares ISA with interactive investor.
I have now used up my £3,600 allowance (rest is in cash) and have split it between 3 funds:
Aviva UK Property Acc
Jupiter Financial Opportunities Acc
Blackrock UK Abs Alpha Acc.
However I have read in some places that these funds do pay dividends despite them being accumulation accounts, is this correct? If so, when the dividends get paid will I be going over my ISA limit? Any way around this?
Advice appreciated.
I recently decided, for the first time, to use up the rest of my yearly ISA allowance by opening a self-select stocks and shares ISA with interactive investor.
I have now used up my £3,600 allowance (rest is in cash) and have split it between 3 funds:
Aviva UK Property Acc
Jupiter Financial Opportunities Acc
Blackrock UK Abs Alpha Acc.
However I have read in some places that these funds do pay dividends despite them being accumulation accounts, is this correct? If so, when the dividends get paid will I be going over my ISA limit? Any way around this?
Advice appreciated.
0
Comments
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Dividends do not count as contributions, just as interest in Cash ISAs don't.0
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thanks for clearing that up for me0
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