Scottish Mortgage Investment Trust (LSE:SMT) Tax Rate %: 0.24% (As of Mar. 2026)

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LSE:SMT Scottish Mortgage Investment Trust PLC LSE:SMT
40 GF Score
Price £14.05
! 3 Warning Signs
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What is Scottish Mortgage Investment Trust Tax Rate %?

Scottish Mortgage Investment Trust LSE:SMT +0.57% 40 Tax Rate % is 0.24% as of Mar. 2026. GuruFocus rates LSE:SMT with a GF Score™ of 40/100. The stock has 3 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Scottish Mortgage Investment Trust's Tax Expense for the six months ended in Mar. 2026 was £1 Mil. Scottish Mortgage Investment Trust's Pre-Tax Income for the six months ended in Mar. 2026 was £443 Mil. Therefore, Scottish Mortgage Investment Trust's Tax Rate % for the quarter that ended in Mar. 2026 was 0.24%.

Scottish Mortgage Investment Trust Tax Rate % Related Terms

Scottish Mortgage Investment Trust Tax Rate % Historical Data

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The historical data trend for Scottish Mortgage 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.

Scottish Mortgage Investment Trust Tax Rate % Chart

Scottish Mortgage Investment Trust Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.08 -0.13 0.42 0.45 0.09

Scottish Mortgage Investment Trust Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 -0.03 2.07 0.10 0.06 0.24
LSE:SMT
40GF Score
Scottish Mortgage Investment Trust PLC LSE:SMT
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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Scottish Mortgage Investment Trust Tax Rate % Calculation

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

Scottish Mortgage Investment Trust's Tax Rate % for the fiscal year that ended in Mar. 2026 is calculated as

Tax Rate %=Tax Expense (A: Mar. 2026 )/Pre-Tax Income (A: Mar. 2026 )
=2.698/3104.317
=0.09 %

Scottish Mortgage Investment Trust's Tax Rate % for the quarter that ended in Mar. 2026 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2026 )/Pre-Tax Income (Q: Mar. 2026 )
=1.076/442.934
=0.24 %

* 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 0.24% mean?
Scottish Mortgage Investment Trust (LSE:SMT) has a Tax Rate % of 0.24% as of Mar. 2026.
Is Scottish Mortgage Investment Trust's Tax Rate % too high?
Scottish Mortgage Investment Trust's current Tax Rate % is 0.24%. Overall, Scottish Mortgage Investment Trust has a GF Score™ of 40/100, reflecting its overall financial health beyond just this single metric.
How does Scottish Mortgage Investment Trust's Tax Rate % compare to BLK and BX?
Scottish Mortgage Investment Trust's Tax Rate % of 0.24% 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. Scottish Mortgage Investment Trust's current Tax Rate % is 0.24%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Scottish Mortgage Investment Trust stock overvalued right now?
Scottish Mortgage Investment Trust (LSE:SMT) has a current Tax Rate % of 0.24%. The current Tax Rate % is 0.24%. Scottish Mortgage Investment Trust's overall GF Score™ is 40/100 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 Scottish Mortgage Investment Trust (LSE:SMT), the current Tax Rate % is 0.24% as of Mar. 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.

Scottish Mortgage Investment Trust Business Description

Address 1 Greenside Row, Calton Square, Edinburgh, GBR, EH1 3AN
Scottish Mortgage Investment Trust PLC is an investment trust company. The company's objective is to maximize total return from a portfolio of long-term investments chosen on a global basis enabling the company to provide capital and dividend growth. The company focuses on investment in quoted securities irrespective of any geographical, industry, and sector exposure. The portfolio also invests in fixed-income securities, convertible securities, funds, unquoted entities, and other assets.
40GF Score

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

£14.05
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