Free dividend from RBS as a taxpayer

Lushoto

I’ve seen on social media that any taxpayer can go into any branch of RBS or NatWest and claim their share of the UK dividend. Apparently about £8,000. I can’t help feeling that this is one of those “if it seems too good to be true it probably is” stories.  I thought the RBS shares were held by the Treasury. Anyone heard this story? 

wmb194

Lushoto said:

I’ve seen on social media that any taxpayer can go into any branch of RBS or NatWest and claim their share of the UK dividend. Apparently about £8,000. I can’t help feeling that this is one of those “if it seems too good to be true it probably is” stories.  I thought the RBS shares were held by the Treasury. Anyone heard this story? 

That's a wind-up. £8,000 in total shared between millions of people? £8,000 each? No chance.

RBS - renamed NatWest a couple of years ago - is listed on the stockmarket but the government still owns some proportion of its shares.

friolento

WInd-up or scam, definitely

Dazed_and_C0nfused

friolento said:

WInd-up or scam, definitely

Are you quite sure about that, the op said they had seen it on social media, surely that must add a modicum of reassurance 😉

flaneurs_lobster

Dazed_and_C0nfused said:

friolento said:

WInd-up or scam, definitely

Are you quite sure about that, the op said they had seen it on social media, surely that must add a modicum of reassurance 😉

I don't believe anything I see on social media unless it's endorsed by Martin Lewis.

Lushoto

No apparently £8k EACH!  Saw it on Instagram! 

MeteredOut

Lushoto said:

No apparently £8k EACH!  Saw it on Instagram! 

I imagine from the same group that says council tax does not legally have to be paid by any freeman of the land?

You didn't really think there was one iota of truth in the claim, did you?

MeteredOut

flaneurs_lobster said:

Dazed_and_C0nfused said:

friolento said:

WInd-up or scam, definitely

Are you quite sure about that, the op said they had seen it on social media, surely that must add a modicum of reassurance 😉

I don't believe anything I see on social media unless it's endorsed by Martin Lewis.

I hope that's as joke, as ML is often used in Scam adverts (including deep fake videos that can easily fool people).

dunstonh

Lushoto said:

No apparently £8k EACH!  Saw it on Instagram! 

Very funny.

Nasqueron

MeteredOut said:

Lushoto said:

No apparently £8k EACH!  Saw it on Instagram! 

I imagine from the same group that says council tax does not legally have to be paid by any freeman of the land?

You didn't really think there was one iota of truth in the claim, did you?

Pff, I heard that as the government gives you a name like JOHN SMITH you just need to use your real name of John Smith and can ignore all laws and taxes  

eskbanker

Lushoto said:

I’ve seen on social media that any taxpayer can go into any branch of RBS or NatWest and claim their share of the UK dividend. Apparently about £8,000. I can’t help feeling that this is one of those “if it seems too good to be true it probably is” stories.  I thought the RBS shares were held by the Treasury. Anyone heard this story? 

Lushoto said:

No apparently £8k EACH!  Saw it on Instagram! 

Great!  Why don't you toddle on down to your nearest RBS/NatWest branch and attempt to exercise this 'right', and report back?  We'll get the popcorn ready....