Spectra Systems Share Discussion Threads

[fozzie] 11/7/2019 15:54

IWEB refusing to give me the divi less 15% and are saying they only have the option of applying 30%

[nico115] 11/7/2019 12:24

Totally agree with you 10 pct max is better ..can sleep at night : )Meanwhile where is that bloody buy back!! : (

[death by donut] 11/7/2019 12:22

Ok , each to their own , bit high for me :-) Limiting myself to 6% at the mo per stock.GL with it all tho .DbD :-)

[nico115] 11/7/2019 12:17

Ps I'm not a big buyer here ,just buying the odd tenner on 5p falls

[nico115] 11/7/2019 12:16

Too big !! Over 50pct but mainly cos I bought many in the 20s.Shouldnt be adding but can resist !! No stock imo should be over 20pct of ones portfolio Just can't bring myself to sell here : (

[death by donut] 11/7/2019 12:07

Soz , forgot to add my own % , for me its 4.5% of pf :-)

[death by donut] 11/7/2019 12:05

Cld I be nosey and ask what sort of % this is of your pf Nico? Ball park fine , just interested as I'm still learning about risk / position sizing after last yrs sell off and reversal.I know it's all down to the individual at the end of the day tho. Feel free to tell me to mind my own , won't be offended :-)CheersDbD

[nico115] 11/7/2019 12:00

Just bought 10k at 125.3Help me out ..I can't keep buying these !! Running out of money : (

[3800] 11/7/2019 10:14

I've just had another look at my selftrade account and I actually purchased more after the x div date so the div amount payable was 4.63p a share in my ISA. sorry for any confusion I may have caused.

[simso] 10/7/2019 22:11

Regarding your SIPP, it depends on your personal tax position. If you are above your Lifetime Allowance...which your SPSY holding alone would be miles above, then it could be a marginal tax rate of 55% on any further value you create through dividends or capital growth on SPSY in a SIPP. When some of the Nabil Initiatives come in, and the shares are much higher than now...you might regret having them in a SIPP! Perhaps a small proportion of your SPSY, but crucially well well well BELOW the Lifetime Allowance, may make sense in a SIPP and save a few K of witholding on the Divi. Give me a ring if you want me to explain further.

[nico115] 10/7/2019 21:43

Shall I transfer my sosy into a sipp? Make an extra 15pct on divi ,c30k?Any disadvantages ?

[pj 1] 10/7/2019 21:21

HL have paid me 4.64p which ties in roughly with 15% of 5.5p (full divi?)

HSBC have paid me 3.9p which roughly ties in with the additional 15%.


HSBC are adamant the 15 % cannot be claimed back even with the WB8 form signed. I gave up trying to get the reason why.

[3800] 10/7/2019 20:58

Thanks for the replies looks like selftrade has short changed me this time. They have got it right over US stock in the past but the difference between 4.059p and 4.675 seems rather more than an extra margin on the forex

[harrogate] 10/7/2019 20:52

That was the trading account and the ISA. The full 5.5p in the SIPP

[death by donut] 10/7/2019 20:37

5.5p for me . Sipp AJ Bell

[nico115] 10/7/2019 20:35

5.5p minus 15pct so 4.7p

[sonofbanjosinger] 10/7/2019 19:47

I had 5.5p dividend paid into my HL sipp.

[3800] 10/7/2019 18:20

was the 4.7p in an ISA or a sipp?

[pj 1] 10/7/2019 14:48

for info-
HL do take part transfers in to ISA, so I will be transferring my SPSY holdings from HSBC to HL, and saving reducing the witholding tax from 30% to 50%

[pj 1] 10/7/2019 14:10

peterc1970
10 Jul '19 - 14:01 - 3413 of 3413

Many thanks!

PJ

[peterc1970] 10/7/2019 14:01

@PJ Re: brokers that don't deduct etc, see article below, which discusses the withholding tax on tax exempt and ordinary shareholding accounts.

My IG ISA, as with others above, did have 30% deducted. This was done by their clearers Citi despite W8Ben's being in place. Now the correct 15% deducted.

My HL share dealing account had the correct 15% deducted.

tiny.cc/fipi9y

hxxps://the-international-investor.com/investment-faq/reclaim-withholding-tax-foreign-dividends-isa-sipp

Tried to remove the "hxxps" to change it to the correct "https" by Tiny url but it doesn't seem to work. Anyone know how to post Urls on here that work?

[pj 1] 10/7/2019 13:35

I received 4.04p via HSBC and HL ISA.

Does anyone know if you can transfer just the SPSY holdings from an ISA into another that doesn't deduct the full 30%? 9and which ISA providers don't deduct it)

[3800] 10/7/2019 12:41

How much dividend did you recieve in pence per share Harrogate?