Highlight Amendments to Legal Documents

[Tony.V]

I believe that the matter was already covered - thanks for the input to all!

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@Sasha Some of the information in your video is inaccurate - see @Dougal1984 answers for reference:

@Dougal1984

Their wording is probably purely down to the fact they work in multiple jurisdictions, and that they as our service provider do not provide ‘tax advice’, so the wording is wooly, but UK law still applies to UK investors in relation to tax treatment.

Off-topic, however, back in the days, a similar misunderstanding happened with another video review of yours, and again I’d like to suggest you to reach us anytime whenever a doubt arises - that way we’ll avoid any potential confusion of the audience

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@Dougal1984

Agree, this is not helpful from 212 for completing tax returns. It should probably state to effect “Return of Capital in relation to dividend/Interest event X ” - so it is clear for the end user how to treat for tax purposes on their tax return.

@Dougal1984 I’m looking at it as we speak - I’ll keep you posted.

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@NickLeeson

Hold on a minute…
You lend out my shares and the hedgefund or whoever get my voting rights as well??? (Not that T212 have ever ever given me the option to cast my vote)

@NickLeeson the share lending was introduced more than a year ago. With the latest document amendments, we were aiming to make our wording more transparent.

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Feel free to ping me if any questions arise.