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 Glossary   >   T   >   "Tax credit" Definition   

        Tax credit

The amount which an ISA manager can reclaim from the Inland Revenue in respect of share dividends received. This is 10% of the amount received until April 2004, when it will no longer be available.

Tax credit


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Tax credit - The amount which an ISA manager can reclaim from the Inland Revenue in respect of share dividends received. This is 10% of the amount received until April 2004, when it will no longer be available.


Tax credit : the amount which an isa manager can reclaim from the inland revenue in respect of share dividends received. this is 10% of the amount received until april 2004, when it will no longer be available.