Question:

Is Income tax applicable on KSE Shares?

by Guest4396  |  12 years, 7 month(s) ago

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After receiving my dividend cheque, I would like to know do I have to pay income tax on my KSE profit?

 Tags: Applicable, income, KSE, Shares, tax

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  1. Guest3262
    When you receive your dividend cheque, income tax has already been deducted by the company at basic rate. Basic-rate taxpayers have nothing more to pay.
    Higher-rate taxpayers have to pay the difference between basic and higher rate at the end of the tax year.
    Non-taxpayers can reclaim the tax deducted through their local tax office.

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