Income Tax on Vanguard Lifestrategy account question
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My tax consolidation certificate from Vanguard for the previous tax year normally arrives around early June.0
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Mine usually arrives around May, different platforms will be earlier or laterIt cannot be before the new financial year as it may not be complete as you say. Why is this a problem? There's not much you can do about it, you'll get the dividend anyway (VLS's ex-date is 01/04/2024) and you don't have to report it until 31/01/2025VLS 60's yield is about 1.69% so you could have a stab at guessing it yourself1
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BoyJohn811 said:Thanks ColdIron for the reply. Would these reports from Vanguard arrive on time before the April deadlines in each tax year? I assume if it comes too early then it will not cover the full tax year and if after April then it will not make it much easier for calculation, or am I missing something? Thanks.
It arrives a few months after April, well in advance of the January deadline.
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Thanks a lot for the replies; I will just do some quick calculations to see if it is even a problem for me (that is, if I even need to be worried about dividend tax) and start doing some good record keepings. Thanks again.0
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