By: Neil
I’d be interested more on the details of Luxembourg/German ETF’s and Spanish/German individual share’s with relation to Dividend Withholding Tax if this is something you are familiar with
View ArticleBy: The Investor
Neil, unfortunately I’m not very experienced with this, beyond Dublin registered ETFs (iShares). In fact, I actively avoid overseas shares for an easy life. I may know a man who knows more, however....
View ArticleBy: Godfrey
Can I clarify something? For a HK /Singapore national living in those jurisdictions but buying a UK stock, does that mean they are also exempt from withholding tax?
View ArticleBy: The Investor
@Godfrey – Unfortunately I don’t know the answer to your question, which is outside my experience. I guess you’d have to ask the local and UK authorities, unless somebody else happens to read this who...
View ArticleBy: Jeff
Godfrey, there is no withholding tax on dividends paid by companies based in UK, for both local and foreign investors. However, if you buy shares of a non-UK company, for instance Banco Standander, any...
View ArticleBy: Aury (Thunderdrake)
Interesting you got some good dividend tax breaks, not unlike the Canadian TFSA or the American Roth IRA. But the beauty of Dividends is all the ways you can move and protect your income, unlike say, a...
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By: The Investor
@Aury – We’re lucky in the UK currently that the highest effective rate payable on dividends is 25%, whereas cash savings are taxed at up to 40%. Dividends are traditionally very important to UK...
View ArticleBy: My Escape Plan « Simple Living in Suffolk
[...] treated as income so I don’t get taxed on top, though dividends are taxed at source in the bizarre tax structure of the [...]
View ArticleBy: steve
In short, if you pay dividends into the higher tax threshold, do you actually pay 32.5%, or is it similar to the lower threshold, when you don’t actually pay the 10% to anyone?
View ArticleBy: The Investor
You pay 25% on the dividends received once you’re into the higher rate income band. In short: If £1000 in dividends turned up in your share broking account and you’re a higher rate taxpayer, you would...
View ArticleBy: net worth fears and intentional living reflections « Simple Living in...
[...] the current level of jobseeker’s allowance and tax-free (well actually tax-pre-paid due to the unusual tax treatment of dividend income in the [...]
View ArticleBy: IH
What will be the taxation situation of dividends received by a company instead of an individual? At the moment there is no additional tax liability for UK dividends received by a company.
View ArticleBy: Failed Alchemist
Re: Dividend Tax Change Many thanks for your excellent article. I have only just found this website…… better late than never. Anyway it is now bookmarked and one which I’ll be coming back to again and...
View ArticleBy: Topman
@ Failed Alchemist Welcome. Your use (erroneous) of the term “net dividend” prompts me to point you at @Topman post 29 here above, where you may find the link containing examples useful.
View ArticleBy: Neverland
This goes a long way to equalise the income tax paid by pensioners (using SIPPs as we will mostly do in the future) to employees paying income tax and NI now that I think about it I guess the best...
View ArticleBy: OldPro
Morning all… some good clear worked examples of the extra taxes likely for directors here at this website… http://jf-financial.co.uk/2015/07/09/new-dividend-tax-from-april-2016/
View ArticleBy: Gary
Just wondering if you know whether the national insurance benefits will remain in a low income and dividend situation (as in not needing to pay any), otherwise the monetary benefit of going down the...
View ArticleBy: John B
I have the Vanguard UK FTSE ETF via Hargreaves Lansdown. Its domicled abroad in Ireland. Should I expect HL to be passing me dividend statements with the tax credit details to show the IR, like I get...
View ArticleBy: lilchonny
The “dividend tax” applies to UK dividends. So I wonder how this will impact on offshore investments held outside ISA and SIPP, for example NCYF and HFEL both long established ITs based in the Channel...
View ArticleBy: John B
I asked HL and they confirmed that the fund will start paying tax if over the £5k annual allowance AND THEY WOULD PAY HMRC DIRECTLY. But with dividends paid with different frequencies, people having...
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