Closed adamgibbins closed 3 years ago
There are two holdings of FOO brought at two different times. The 21/03/2018 entry is not eligible for the dividend for whatever reason (as reported by my broker statements). However this errors:
Is this because the ex-div date is between 21/02/2018 and 21/03/2018? Use the ex-div date for the date.
I do not believe this to be accurate and isn't aligned with the way my brokers tax statements report, although the answer is correct irrelevant in most circumstances.
It is for CGT purposes. You have no gain, or loss, so nothing to report.
This calculator doesn't do anything related to income tax you might have to pay on dividends.
You probably need to research about when dividends are taken into account for CGT purposes. Note that it's ONLY on accumulation funds. And even then you need to research equalisation payments as well (which this calculator supports).
I’ll close this out, but if you still think there is an issue then please re-open @adamgibbins!
Hi, Thanks for this tool, it's been incredibly useful in validating my own calculations.
I've found what I think is a bug in both dividends and capital return events. It seems that the code assumes dividends are being paid on all holdings, when they're only being paid on one?
Take for example:
There are two holdings of FOO brought at two different times. The 21/03/2018 entry is not eligible for the dividend for whatever reason (as reported by my broker statements). However this errors:
If I add the units for both holdings together and report a dividend on that instead:
it works fine:
I do not believe this to be accurate and isn't aligned with the way my brokers tax statements report, although the answer is correct irrelevant in most circumstances.