Abiblo Finance - Accumulating Shares

​Accumulating Shares 
Accumulating shares is ordinary shares which is issued to ordinary shares holders in a company, instead of dividend. 
 
Accumulating shares are replacing annual income with capital growth, they avoid income tax. However not the capital gain tax. 
Normally, the tax is deducted by the company from the declared dividend.
 
The net dividend is used to buy additional ordinary shares for the shareholder.