As the title says…if you have an Accumulating ETF, the dividends are automatically invested…this is a general question…but do you get to see how much you earnt in dividends? Or dont they both and automatically reinvest?
If they do notify you…T212 will this be displayed?
It is automatically reinvested in the fund itself, you won’t see anything on T212.
Depending on your local laws you may still have to pay taxes on a “virtual dividend-like gain” .
The amount of income reinvested can be found on the website of the the ETF provider. It is taxable for UK investors if held outside an ISA. See more details here
The dividend you receive from an ETF like ISF, IITU, VUSA or VUKE has no local tax deducted. So if you are a UK taxpayer you could owe nothing, 7.5%, 32.5% or 38.1% depending on your other income. It is your responsibility to figure out what you owe, and if you do owe, then pay it by completing a self assessment tax return. For a UK taxpayer the first ÂŁ2000 of dividends per year are tax free at present, and of course there is no tax on dividends received in an ISA.