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Calculating tax on Rolls Royce C shares
PippiShortsock
Posts: 69 Forumite
I'm going a bit mad trying to figure out the capital gain attributable to 3 issues of 'C' shares from Rolls Royce.
If anyone is feeling like flexing their arithmetical abilities, could you have a look at the examples given on page 9 of the Rolls Royce shareholder guide:
http://www.rolls-royce.com/Images/shareholder_guide_2013_tcm92-20707.pdf
I can't even get the equations with the variables they have supplied to add up to the 7.28p they give in the second line. Which may explain why I can't figure out the answer to my own examples! I don't understand the underlying logic either, which isn't helping!
Am I doing something wrong, or are the equations flawed?
Many thanks if anyone can help.
If anyone is feeling like flexing their arithmetical abilities, could you have a look at the examples given on page 9 of the Rolls Royce shareholder guide:
http://www.rolls-royce.com/Images/shareholder_guide_2013_tcm92-20707.pdf
I can't even get the equations with the variables they have supplied to add up to the 7.28p they give in the second line. Which may explain why I can't figure out the answer to my own examples! I don't understand the underlying logic either, which isn't helping!
Am I doing something wrong, or are the equations flawed?
Many thanks if anyone can help.
0
Comments
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apologies for not helping, but what exactly are RR C shares? I've seen them a few times, but never known what they are?0
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Read the linked pdf documentapologies for not helping, but what exactly are RR C shares? I've seen them a few times, but never known what they are?
Rolls-Royce Holdings plc (the Company) makes payments to its shareholders by issuing redeemable C Shares of 0.1 pence each unlike most other listed companies, who pay a cash dividend.0
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