Dividend tax on ISA account
Joined 09/06/23 17:04
By SergioLage · PostedHi, I started trading Brent Crude Oil in IG platform but I could find a formula to correctly calculate the size I have to put while creating a position, based on the available amount I have. The quotation is based in points and it makes me wonder how operate. Any help is welcome. Also, I plan to work with some leverage in the future, so any tip on this matter is also welcome. Thanks.
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Update - I am trying to transfer the existing Polymetal shares with IG.com to Wood & Co. Has anyone tried this or are in the process? You will need a bank account with bank in EU or Revolut bank app. The form for requesting transfer is on https://polymetal.wood.com/form/individuals
Hello folks so i have an ISA account with IG for my dividends investment and it is my only shares account.
But for all my Dividend gains a tax amount was cut by IG. Note worthy at this point i did not make more than 2000£ worth of gains from dividends which is the Tax free allowance and i still have 15 000£ leftover from my ISA tax exemption. When i called IG they told me that only real estate dividends fall within the tax-free category.
Note thats not mentioned anywhere in the government website, https://www.gov.uk/tax-on-dividends.
Should i be taxed as they said as my dividends are not real-estate related or was this a mistake on their part?
Thanks for any help!
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