Micho17
-
RE: Foreign Tax Credit Relief on overseas dividends
Hi, I have Swiss Shares in SwissRe. Dividends are subject to 35% withholding tax, which I claim 20% back from the Swiss Tax authority. So I choose 15% in the online FTCR max drop-down I assume? Also, if my dividend was £1175 gross which I enter in the field named “ Amount of income arising or received before any tax taken off:” Do I also make an entry online in the “Foreign tax taken off or paid:” field? And if yes I assume for the 15% tax paid after the Swiss tax authorities refund?