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Gross
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Gross refers to the payment of a dividend or some other income payout without the deduction of tax. Investors thereby take responsibility for remitting any tax due to the Inland Revenue.
See Also: Budgeting & Tax Centre Capital Gains Tax
Last Updated: August 2007 © Moneyextra.com
Our senior editor Robin Amlôt recommends you should consider taking independent financial advice before acting on any article. Please contact us for help with your individual circumstances if any assistance is required.