Stagecoach PLC - return of capital

Hey guys,

Am i correct in thinking that any basic rate tax payer, unlikely to require full CG allowance, should opt for the capital option and instant sale of B shares over the dividend?

Thanks

Reply to
eyup
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In that situation, it doesn't matter which option you choose. The default is the C-share with a single dividend.

Reply to
Terry Harper

thanks terry. I think it is the dividend tax credit i get confused about and losing 10% in tax. Think I shall go read up on it.

Reply to
eyup

You never had the tax credit. It's a nominal amount used to establish whether you are a higher rate taxpayer, or not. The net payout is the same for a basic rate taxpayer by either route.

Reply to
Terry Harper

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