The main thing no upper limit cap, no dividend tax on isa accounts, that was the fear.Bats looking good, we have buybacks I understand until the end of 2025.Surely we will be back to 2022 level of 3500p, that's Jefferies target price. |
Further to the list of potential tax raid targets I wrote yesterday..
IHT CGT Pension contributions tax relief LTA ceiling reintroduced with tax trap Freezing income tax threshold allowances and trapping pay rises into a higher tax rate band..
The Telegraph/FT are now reporting that the Tory proposed British ISA extra GBP5K allowance has now been dropped, not at all surprised to read it, a half baked idea at best but I also doubt that the GBP20K allowance ISA now frozen for 8 years will be raised to 25K compensate under Labour..
Another kick in the Jacobs for savers trying to get ahead.. |
I think certainty. |
2900 reached....hopefully breached |
The way we are going straight through big resistance level 3000p before ex div I reckon. Is it the yanks buying always seem to go better when US opens 2.30pm GLA. |
Looking much more likely now LLB!!
2900 was what I hoped to see so to be there 3 weeks earlier lines up 3000 nicely as it's only circa 3% more.
Good luck all 👍🏻 |
A print at 2900, slowly slowly the hurdles fall 1 at a time.. :o)
What chance 3000 for pre XD on 25th..? |
2901 !! woohooohooooooo |
No problem.Point taken. |
yes cough,cough!! |
yes it is ffs |
Is this a tobacco thread? |
We know OPEC+ don't want oil prices down at these levels so if global oil supply is outstipping demand right now in anticipation of recession then the middle East producers reduce supply.The oil market and gold market attract a lot of traders and speculators in the commodity markets so volatility is always there waiting to break out when it serves their purpose. |
I agree. BP is one I am keeping an eye on to restart a position having sold at 550p and then the remaining at 465p. |
Always look on the bright side and see what opportunities moves in the market provide to investors.BP which is returning £7bn to investors through buybacks and divis and Shell both getting into good value territory now but maybe wait a little longer and get them cheaper still. |
I was hoping for another leg up here this morning and it's trying very hard but the general market conditions and uncertainty is holding us back.We are at the mercy of the US markets and where they head from here.The Dow and S&P notched all time highs recently so there could be a way to fall for the general markets from where we are.Defensive value high yielding stocks provide the best shelter but they aren't immune from falls if markets really sell off. |
I think so monty.
For sure, just like in early August, the money will go back into big tech at some point but in the meantime I think much of it will flow towards the "safer" companies such as BATS.
Good luck all 👍🏻 |
Big sell off tech shares last night, are they switching into high yield dividend stocks and ones with buybacks that's a bonus. |
All political parties look after their voter base...they've always done so.At least Labour has one of sorts,the Tories don't have one any more.The problem is you give in to one set of pay demands and then every public sector union says their members jobs are just as vital to the smooth running of public services and they all want pay rises and parity.We shall see.I've booked my GP appointment now ready for the end of October! (joking) |
redbaron - by Nov the GP's will probably be on strike. They will see the govt cave into the junior doctors and want their larger slice of the pie. |
Sorry Laurence.It wasn't my intent to set you off on one.I fully sympathise and agree.I'm off the blood pressure medication at present but on October 30th i might be renewing my prescription after a GP visit.On second thoughts it might be the end of November before i get to see the GP! |
Dividend tax bands all went up 1.25% in 2021/2022 NICS rates went up 1.25% in 2022 Tax free dividend allowance reduced from GBP 5,000 down to just 500 The CG allowance reduced from 12,000 to 3,000 now
Dividend tax payers have already been reamed, most pay PAYE income tax, NICS and corporation tax as well, there will be nothing left soon, don't get me started.. :o) |
Good points and thanks but let's see what the chancellor does with the basic rate 8.75%,higher rate 33.75% and additional rate 39.35% dividend tax bands on 30th October.Not every investor has their BAT shares in ISAs.If the chancellor leaves these alone and not increase them i'd be amazed as Labour are targeting all unearned income. |
Thats the rub with USA origin dividends, a 15% or a 30% WHT in the ISA pending your provider, a SIPP escapes the WHT, but that is it, for income seekers the CG is unlikely to be realised.. |