Company: BDRX
Filing Date: 2025-05-01
Form Type: DRS
Source: 0001214659-25-006756
Chunk: 125

Company: Biodexa Pharmaceuticals Plc
Filing Date: 2025-05-01
Form: DRS
Chunk 125
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 Dividends within
the dividend allowance will still count towards the relevant individual's basic, higher or additional rate bands, however. An individual’s
dividend income is treated as the top slice of their total income that is chargeable to United Kingdom income tax. Dividends which are
covered by an individual’s personal income tax allowance do not count towards and are ignored for the dividend allowance.

Corporation Tax.A U.K. Holder
within the charge to United Kingdom corporation tax may be entitled to exemption from United Kingdom corporation tax in respect of dividend
payments in respect of an Ordinary Share. If the conditions for the exemption are not satisfied or such U.K. Holder elects for an otherwise
exempt dividend to be taxable, United Kingdom corporation tax will be chargeable on the dividend. The main rate of corporation tax of
25% applies to companies with profits in excess of £250,000, with a lower rate of corporation tax of 19% applying to certain companies
with profits of up to £50,000, and a marginal scaled rate between 19% and 25% applying to certain companies with profits between
£50,000 and £250,000. The availability of these lower and marginal rates may be affected by the number of associated companies
a company has and the thresholds may be proportionately reduced in respect of accounting periods of less than 12 months. If potential
investors are in any doubt as to their position, they should consult their own professional advisers.

A corporate holder of Ordinary Shares or
Depositary Shares that is not a U.K. Holder will not be subject to United Kingdom corporation tax on a dividend received from the company,
unless it carries on a trade in the United Kingdom through a permanent establishment to which the Ordinary Shares or Depositary Shares
are attributable. In these circumstances, such holder may, depending on its individual circumstances and if the exemption from United
Kingdom corporation tax discussed above does not apply, be chargeable to United Kingdom corporation tax on dividends received from the
Company.

U.K. Holders.
A disposal or deemed disposal of Ordinary Shares or Depositary Shares by an individual U.K. Holder may, depending on his or her individual
circumstances, give rise to a chargeable gain or to an allowable loss for the purpose of United Kingdom capital gains tax. The principal
factors that will determine the capital gains tax position on a disposal of Ordinary Shares or Depositary Shares are the extent to which
the holder realizes any other capital gains in the tax