Accumulation funds Notional Dividends
Posted: March 26th, 2022, 8:41 am
MrsF has some Marlborough Micro Cap, which is only available as Acc units.
Last year I carefully worked out her total income, divis, interest, etc to calculate her SIPP top up to bring 'earned income' to under £50k and make use of my unused NRB transfer. Her ii annual statement then included a Dividend from the Marlborough Fund of £34.33, taking her a whole £20 over the threshold and losing the £250 transferred allowance![Sad :(](./images/smilies/icon_e_sad.gif)
I nearly sold it at the start of the year because of this, but after doubling the previous 12 months I held on which, up until September, looked like a good decision.
So i've looked everywhere to find what the current tax year Notional payment is, to no avail. Even their own account statement doesn't mention it. I can find historic yield of 0.7%, although based on the divi on circa £17k holding I make it nearer 0.2% for last year.
Anyone here able to point me in the right direction?
Thanks
Paul
Last year I carefully worked out her total income, divis, interest, etc to calculate her SIPP top up to bring 'earned income' to under £50k and make use of my unused NRB transfer. Her ii annual statement then included a Dividend from the Marlborough Fund of £34.33, taking her a whole £20 over the threshold and losing the £250 transferred allowance
![Sad :(](./images/smilies/icon_e_sad.gif)
I nearly sold it at the start of the year because of this, but after doubling the previous 12 months I held on which, up until September, looked like a good decision.
So i've looked everywhere to find what the current tax year Notional payment is, to no avail. Even their own account statement doesn't mention it. I can find historic yield of 0.7%, although based on the divi on circa £17k holding I make it nearer 0.2% for last year.
Anyone here able to point me in the right direction?
Thanks
Paul