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Posted Thu, 04 Jan 2024 14:57:36 GMT by
Included in a consolidated tax voucher from wealth managers are amounts deducted from foreign dividends in respect of overseas dividend charges. These relate to agents fees to do with the processing of the dividend in the foreign country. Are these allowed to be deducted from the foreign dividend income declared for UK tax purposes?
Posted Thu, 11 Jan 2024 09:20:11 GMT by HMRC Admin 25
Hi icw11,
No, it is only any tax that can be taken into account as Foreign Tax Credit Relief.
Thank you. 
 

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