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Posted Tue, 26 Mar 2024 21:26:48 GMT by hkgccf
Hi, if I have share dividend earned in overseas, it is kept in overseas bank account and never remit to the UK, may I know if it is taxable?
Posted Tue, 09 Apr 2024 14:23:28 GMT by HMRC Admin 19 Response
Hi,

You do not pay UK tax on your foreign dividends if both the following apply:
  1. They are less than £2,000 in the tax year.
  2. You do not bring them into the UK, for example by transferring them to a UK bank account.
You can see guidance here:

https://www.gov.uk/tax-foreign-income

Thank you.

 

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