Share and share not alike for CGT
Article Abstract:
UK capital gains tax (CGT) is levied on gains made by selling shares. Calculating the amount due is complicated by indexing over the time the shares have been held. There are different rules for different types of share in the UK. Preference shares and ordinary shares are treated in the same way, as are shares in investment trusts and unit trusts. Gains on warrants are calculated from when warrants are sold or when shares are sold that have been acquired by using the warrant.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1995
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Share and share alike keeps wealth flowing: North West Water is to share its surplus profitswith customers and shareholders. Investors should be pleased that the water industry is keen toavoid the trap electricity companies fell into
Article Abstract:
North West Water is to share its 180 million pounds sterling surplusprofits with customers and shareholders, following the lead set by Severn Trent in November.The water companies have attracted criticism since their privatisation in 1989, from customerswho believe they are paying over the odds, when infrastructure costs have been lower thanexpected. Ofwat stated that any efficiency savings should be shared equally by shareholders andcustomers.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1995
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Getting better endowed: every week, thousands of investors receive 10,000 pounds sterling or more as their endowment policies mature. Insurers are keen for the proceeds to be reinvested with them. But many investors would be better off going elsewhere
Article Abstract:
Insurers are keen for investors to reinvest the proceeds of endowment policies, and are offering discounts such as improved allocation rates. However investors may be tempted by poor value, or unsuitable products and may not be aware that they could invest their lump sums elsewhere. It is best not to place the funds straight back into another endowment as unit and investment trust Peps can produce better returns.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1995
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