Pauline, a basic-rate taxpayer, has a portfolio which comprises of various equity and fixed-interest unit trusts and OEI

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answerhappygod
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Pauline, a basic-rate taxpayer, has a portfolio which comprises of various equity and fixed-interest unit trusts and OEI

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Pauline, a basic-rate taxpayer, has a portfolio which comprises of various equity and fixed-interest unit trusts and OEICs. She should be aware that:

A. Any losses from this portfolio are allowable for Capital Gains Tax calculations
B. Her entire portfolio will be subject to a 10% tax credit
C. Only the proceeds of sale from the OEICs could be subject to Capital Gains Tax
D. The taxation of dividends on the OEICs held will be treated the same way as the unit trusts
E. She can never reclaim any tax deducted at source
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