Hi there community, I’m currently building my dividiend portfolio and I started with fractional shares, today I received one of those payments but I’m really concerned why there’s a difference with the actual dividend payout and the amount T212 paid, for example In T212 the payment for AFL is 0.20 …

another awesome thing about SIPP is, if you invest Basic tax rate is immediately matched by government, and if you are in higher tax band you can claim that portion with your self assessment at the end of the year. To clarify if you invest £80 into your sipp today, government will contribute £20 …

Kali. What is your understanding of a T212 ISA account? Are USA dividends taxed or not? I don’t so far declare them on my tax return here in the UK! Please

Like I said @CavanHaganInvesting s answer is correct you get taxed 15% withholding tax at source, and this is paid automatically. you don’t have to declare this further because they are not taxed in UK hence there is no chance of double taxation.

I appreciate I’m not being double taxed! But ISA ‘s are free of UK tax. I believe that you are saying is this US withholding tax is not recoverable even though it’s via an ISA?

Tax for US dividends is 10% for Romanian citizens, if anyone is interested.

Thank you and sorry. It is mistype. I corrected it now.

The US withholding tax can be mitigated via ETFs. If the ETF is domiciled in Ireland (as many are) then the withholding tax is 15% instead of 30% due to double taxation treaty. Unfortunately, investing via SIPP or ISA makes no difference to US withholding taxes on dividends. They only shield you fr…

[image] Ljm104: Unfortunately, investing via SIPP or ISA makes no difference to US withholding taxes on dividends. … Just pasted the HMRC documentation and rules like 3 posts above this. You do NOT pay withholding tax for US inside a SIPP. If your provider is charging you, you are being ri…

Sorry, I confess I hadn’t fully read the whole thread. I stand corrected.

Why T212 is paying less dividend

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Vedran November 28, 2021, 11:14pm 39

Well…

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Why T212 is paying less dividend

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