Manchester & London Investment Trust (LSE:MNL) Tax Rate %: -1.18% (As of Jan. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

LSE:MNL Manchester & London Investment Trust PLC LSE:MNL
41 GF Score
Price £10.40
! 3 Warning Signs
View Full Analysis

What is Manchester & London Investment Trust Tax Rate %?

Manchester & London Investment Trust LSE:MNL +5.48% 41 Tax Rate % is -1.18% as of Jan. 2026. GuruFocus rates LSE:MNL with a GF Score™ of 41/100. The stock has 3 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Manchester & London Investment Trust's Tax Expense for the six months ended in Jan. 2026 was £0.07 Mil. Manchester & London Investment Trust's Pre-Tax Income for the six months ended in Jan. 2026 was £-5.91 Mil. Therefore, Manchester & London Investment Trust's Tax Rate % for the quarter that ended in Jan. 2026 was -1.18%.


Manchester & London Investment Trust Tax Rate % Related Terms


Manchester & London Investment Trust Tax Rate % Historical Data

* Premium members only.

The historical data trend for Manchester & London Investment Trust's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Manchester & London Investment Trust Tax Rate % Chart

Manchester & London Investment Trust Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.19 -0.07 0.27 0.12 0.11

Manchester & London Investment Trust Semi-Annual Data
Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.14 0.10 0.21 0.08 -1.18
LSE:MNL
41GF Score
Manchester & London Investment Trust PLC LSE:MNL
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Manchester & London Investment Trust Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Manchester & London Investment Trust's Tax Rate % for the fiscal year that ended in Jul. 2025 is calculated as

Tax Rate %=Tax Expense (A: Jul. 2025 )/Pre-Tax Income (A: Jul. 2025 )
=0.109/101.468
=0.11 %

Manchester & London Investment Trust's Tax Rate % for the quarter that ended in Jan. 2026 is calculated as

Tax Rate %=Tax Expense (Q: Jan. 2026 )/Pre-Tax Income (Q: Jan. 2026 )
=0.07/-5.91
=-1.18 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Tax Rate % →
What does a Tax Rate % of -1.18% mean?
Manchester & London Investment Trust (LSE:MNL) has a Tax Rate % of -1.18% as of Jan. 2026.
Is Manchester & London Investment Trust's Tax Rate % too high?
Manchester & London Investment Trust's current Tax Rate % is -1.18%. Overall, Manchester & London Investment Trust has a GF Score™ of 41/100, reflecting its overall financial health beyond just this single metric.
How does Manchester & London Investment Trust's Tax Rate % compare to BLK and BX?
Manchester & London Investment Trust's Tax Rate % of -1.18% can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Rate % for an Asset Management company?
A good Tax Rate % depends on the Asset Management industry context. However, Tax Rate % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. Manchester & London Investment Trust's current Tax Rate % is -1.18%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Manchester & London Investment Trust stock overvalued right now?
Manchester & London Investment Trust (LSE:MNL) has a current Tax Rate % of -1.18%. The current Tax Rate % is -1.18%. Manchester & London Investment Trust's overall GF Score™ is 41/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For Manchester & London Investment Trust (LSE:MNL), the current Tax Rate % is -1.18% as of Jan. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Manchester & London Investment Trust Business Description

Address 12a Princes Gate Mews, London, GBR, SW7 2PS
Manchester & London Investment Trust PLC is an investment company. It invests in companies whose shares are admitted to trading on a regulated market. The investment objective of the company is to achieve capital appreciation together with a reasonable level of income. It may invest in derivatives, money market instruments, currency instruments, contracts for differences (CFDs), futures, forwards, and options for the purposes of holding investments and hedging positions against movements in equity markets, currencies, and interest rates.
41GF Score

Get the complete analysis for LSE:MNL

Tax Rate % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

£10.40
Price