Clarity on Foreign Dividend

I am a higher rate tax payer. On £1800 Gross USA foreign dividend taxed @ 15% (£270) and UK dividends of £400 the total dividend is £2200. So after allowance of £2000 tax is due @ 33.75% of the £200 = £67.50. An on-line tax expect suggests that FTCR of £270 can be applied to the overall tax bill. Lower overall tax. It seems more likely that the FTCR can only be applied to the amount over £200 (so £67.50- £30) so additional £37.50 due Also, it seems that the Foreign dividend could be declared NET, with no FTCR , so £1530 foreign + £400 UK = £1930, so within £2000 allowance. No additional tax. Are all of these correct and allowable? Thank you

Hi blueshaze,
Foreign tax credit relief cannot exceed the UK tax due on the same source of income. for your scenario, the relief would then be limited to £67.50. you would therefore enter the gross amount to claim this.
Thank you.