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Dividends And Tax
whu
Posts: 23,461 Forumite
Probabaly a silly question but do you have to pay extra tax on dividends of 32%? even if the dividends are reinvested rather than me taking the cash - i know that you have to pay the extra tax if you take the cash - i assume the answer is yes but would appreciate confirmation
Keep the Faith:cool:
0
Comments
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Assuming you are a higher rate taxpayer and it's not in an ISA the answer is yes.0
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