Share Name Share Symbol Market Type Share ISIN Share Description
Constellation Healthcare Technologies LSE:CHT London Ordinary Share USU210051004 CMN SHS USD0.0001 (DI/REG S)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 216.00p 0.00p 0.00p - - - 0 06:30:08
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Health Care Equipment & Services 52.1 7.7 7.5 25.5 197.33

Constellation Healthcare Share Discussion Threads

Showing 1326 to 1348 of 1350 messages
Chat Pages: 54  53  52  51  50  49  48  47  46  45  44  43  Older
DateSubjectAuthorDiscuss
22/6/2017
22:51
Thanks Gary1966 for that. That certainly clears up my confusion regards my UK tax return. I am not so bothered about reclaiming the 15%, given the huge amount of paper work that's involved. It would be nice to get it back though as this was clearly a capital event and not subject to withholding tax.
ramprasad
22/6/2017
14:00
Hi, could anybody clarify on UK tax position regards CHT aquisition, as I have just downloaded my consolidated tax certificate from TDdirect. I had 1800 shares. The Overseas dividend schedule is as --- 1800shares--Gross pay rate 217 Cents--Gross amt $3906--Tax amt$585.90--Net amt$3320.10 So, $1.74 cash aqu price + $$.43 promi note = $2.17 and a 15% withholding tax. Now what I gather from Parmared Off's post number 870&871, for Uk tax purposes, the transaction is regarded as part disposal of common shares, and would count towards chargeable capital gains. In my case, the whole proceeds would not exceed my capital gains tax allowance for the year (and I have no other capital gains in the year). So my question is --- Do I need to declare the above amount $3906 as foreign dividend on my tax return?
ramprasad
25/4/2017
07:33
Parmared Off, I have sent messages to both IG and Capita. IG have seen proof of confirmation from Capita that they received my W8BEN. My problem is that IG use a custodian and so all discussions with Capita have to come from them. Anyway I have told both that I will be starting a full blown complaint today with the relevant authority if I have not had a satisfactory response by lunchtime. Just sick to death of the whole thing now. Gary
gary1966
24/4/2017
18:36
Post 844 Jimbob seems to have received all funds less the 15%If you are still watching this thread perhaps you could confirm this.
parmared off
24/4/2017
18:32
According to Capita many nominee accounts managed to submit the correct forms on time and have had the correct 15% withheld. Whether or not the calculations and subsequent repatriation of funds were correct in the first place is another matter. I have a contact at Capita now and will call the person again tomorrow if you would like .
parmared off
24/4/2017
10:47
Parmared Off, Have you heard of people outside of SIPP's only having 15% deducted? Thanks Gary
gary1966
23/4/2017
20:04
Gary , based on what I have been told I think IG are fobbing you off. Capita extended their deadline for receipt of W8BEN forms and others on this BB have had only 15% withheld. I am looking into this further tomorrow and will update you and this board.
parmared off
22/4/2017
21:20
Reply I have had from my complaint to IG is that Capita have decided to completely ignore if people have submitted the relevant forms and charge everybody 30% withholding tax. Apparently they now write US tax legislation rather than just applying it. Sadly I will now have to escalate my complaint to the relevant external authorities and will be bringing simultaneous complaints against IG as well as Capita.
gary1966
04/4/2017
11:10
Correct, bought through my UK trading account.
rivaldo
03/4/2017
17:02
Another provider - would I be right in assuming that the account you bought through was a U.K. Equities one (seeing as CHT were only listed on AIM)
parmared off
03/4/2017
09:04
Parm, Barclays already had one as I do sometimes trade overseas via a separate International Trader account. Are you going into battle with Barclays or another provider?
rivaldo
31/3/2017
23:09
Thanks for your reply Rivaldo - Had Barclays already got a W8BEN form from you because your account with them enables international trades or did they supply you with the form for the purposes of this deal. (Is your sharetrading account UK equities only?) Would greatly appreciated a reply as I am going into battle next week.
parmared off
31/3/2017
16:46
Yep, I think I posted previously I was taxed at 30% and they did have my W8-BEN form. Even better - I've been offered substantial compensation :o)) They've agreed that their performance was completely unsatisfactory. Apparently their inquiry about what happened went right to the top, and several changes are being made to their procedures. All's well that ends well. I now await a final calculation of the capital/income split for tax purposes.
rivaldo
28/3/2017
19:00
hi rivaldo - thats great news! can I ask if that is because you were taxed at 30%? and had you supplied Barclays with a w8ben form ?
parmared off
28/3/2017
16:00
I was told yesterday by Barclays that "the 15% withholding tax will be refunded". I wasn't provided with any calculations or figures, so await the next stage, when no doubt the calculations will be incorrect and there will be another battle!
rivaldo
23/3/2017
12:38
Hi Gary I have just private messaged you.
parmared off
15/3/2017
16:39
I have been told today that I am receiving an additional $0.129 per share but tax rate is maintained at 30% To justify this I have been sent a section of the proxy statement that relates to US holders which if I know one thing it is that I am not a US holder. Promissory notes also showing on my account. Gary
gary1966
10/3/2017
00:10
Corporate action note from TD Waterhouse. Does not fill one with any confidence. Just glad I got my money out! Constellation Healthcare Further to the recent communications regarding Constellation Healthcare we have been provided with an update from the company registrars. They have confirm that there has been a delay in issuing the Promissory Notes to entitled shareholders. A revised timetable has not been provided. When the notes are issued we will update your account accordingly.
melody9999
08/3/2017
17:33
Not trying to add a spanner to the works but as far as I understand people that have received additional sums in the past few days are in effect being repaid 15% withholding tax due to the late filing of their W8BEN forms. Please could someone let me know if this is the case.According to the proxy statement all those subject to withholding tax should have been taxed on the $2.17 but (and this is where I think the error occurred) the tax due should have been taken off the $1.74 and the proceeds paid out. I think Capita took the withholding tax off the $2.17 and paid out the remainder and then, realising they had in effect paid out taxed promissory notes , decided to adjust the cash payment accordingly.This all begs the question should they have been allowed to apply withholding tax to the promissory notes? If the answer to that is no then everyone that has been taxed should be due a refund of either 12.9 cents per share for 30% or 6.45 cents for 15%.Hope this is a little clearer than mud
parmared off
08/3/2017
16:36
Thanks Gary. What an overcomplication it all is.
arthurly
08/3/2017
16:31
Arthurly, At the rate that has already been applied to your previous payouts. Initially I have been charged 30% and I have got IG talking to their custodian who I hope are talking to Capita about reimbursing half of the withholding that they have currently deducted so that ultimately I have only paid 15% which I will try and reclaim next year. Withholding tax will be deducted on any interest earnt from the promissory notes. If the promissory notes are redeemed then withholding tax will be deducted and then you will have to go through the whole process again I guess to recover this the following year. Gary
gary1966
08/3/2017
15:57
So what rate has been deducted on the income (dividend) side, gary ? Is it 15% or 30% ? Will we have additional tax to pay on the Income part in next years Return ?
arthurly
08/3/2017
15:33
I have spoken to Capita this morning and they have confirmed that a payment was sent on Friday to adjust for the mis-allocation in sales proceeds. I am assured that after the payment on Friday that we are at the following position: $1.19 paid with no deduction of withholding tax. $1.74 less withholding tax at the relevant rate. I stress tax has only been deducted on $1.74 not $2.17. Promissory notes to follow and no withholding tax will be charged and so hopefully this clears up that anomaly that we will only pay tax on the promissory notes if they are paid out as well as the income we receive on them in the meantime. Hope this helps. Gary
gary1966
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