Dividends received in UK £'s from Hargreaves Lansdown (over £300). Underlying shares are in a Swiss company.
Is it UK or foreign income on self assessment return?
Went to HMRC but the wait times are so long and there were no technical advisors available and its not worth the hassle quite frankly so I'm taking it to you lot!!!!
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Would have thought non-UK paying company would give rise to a foreign dividend.
Why would it be a UK dividend?
Received in GBP from Hargreaves Lansdown (UK based)...?
Assume HL are the broker/custodian. It's not them paying the dividend; they are collecting it.
Foreign dividend. SA100 has space to enter tax paid overseas if any was withheld (and if it was that should be on the HL statement).
It is but very difficult
Swiss deduct 35%, UK allows 15%, the figure in the treaty
Swiss will refund the difference if taxpayer gets a signed and stamped paper from UK HMRC confirming that dividend declared
Swiss work in calendar years
Never worth it for this small sum