PHILKES
12 Jul 2017
Re: Withholding Tax Thank you 'Boring Bernie'. As I say my broker TD Direct have advised me to contact HMRC first on which I am waiting on a call back.Who did you submit your completed form to? Was it through your broker?My TUI shares are held in a TD Direct Share ISA and I would easily be able to get evidence of the dividend payment through my online ISA account with them.
Boring Bernie
12 Jul 2017
Re: Withholding Tax Philkes I havn't received anything for the latest divi yet, but did so successfully last year. I think claims are only time barred after four years, but I'm not 100% sure of that.When I started the process with my brokers last year, I got the impression that they'd never dealt with this situation before. They'd handled similar stuff for holdings in the States, but claiming withholding tax back from Germany seemed to be totally new to them. All you really need from your broker is something proving you have received the divi from TUI, how many shares the divi was issued against and how much you received. If you've got a composite / consolidate tax certificate from your broker for last FY, then that's a good place to start from.Whether or not it's worth all the effort depends on how much tax has been withheld and how stubborn you are ! To be fair to the German side of the paperwork, they were really helpful, and were a damned sight more useful than either of my brokers !Good luck
PHILKES
12 Jul 2017
Re: Withholding Tax Been told by TD I need to contact HMRC to check if I am able to reclaim? So I will but not sure this is just TD farming me off?
PHILKES
11 Jul 2017
Re: Withholding Tax Anyone had any success with this and if so how many years can you back? My shares are held in a TD ISA & I have mnessaged them today to find out their process.
II Editor
09 Jun 2017
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Heorot
31 May 2017
Sold I finally sold out all my holding at around what I paid for it. Held since Feb 2015 the return including dividends amounted to just over 2% or 1% pa. There are better places for my money than Tui.
moreinhope
07 Mar 2017
Re: Withholding Tax Thanks BB. No not in a SIPP but the hoop jumping to reclaim relative small sums falls into the, can I really be bothered' pile - obviously the response foreign treasuries are hoping for. If international treaties are in place surely the whole process could be a lot simpler (online?) but, as I say, there is no incentive for the powers that be to make it so.
Boring Bernie
07 Mar 2017
Re: Withholding Tax MoreinhopeSo long as your shares aren't in a SIPP, it should be straighforward enough. If you're holding them in a SIPP, then you're pretty much knackered though, because you can't claim the tax back yourself, that'd have to be done by the SIPP administrator, and they are very unlikely to do that for you
divvent argie
07 Mar 2017
Re: Withholding Tax See Boring Bernie post Wed 18.39 below - my application went in yesterday - fingers crossed but I have no idea how long it takes etc.
moreinhope
06 Mar 2017
Withholding Tax Anybody had any luck in reclaiming (part of) the German tax paid on the Tui dividends? Any insight would be gratefully received.
Boring Bernie
06 Mar 2017
Re: dividend payment DivventFrom memory, I think it took something like six or seven weeks to get the money.
divvent argie
05 Mar 2017
Re: dividend payment BB, That is one of the most helpful posts I've ever seen on iii. I've downloaded and completed the forms and am in receipt of a dividend confirmation from HL so that will all be in the post tomorrow. As you have some experience in this can you tell me roughly how long it will take to get the tax back? Again many thanks.
Boring Bernie
01 Mar 2017
Re: dividend payment SDS06The difference is down to the German withholding tax which is roughly 25%.You can reclaim that tax, but it's a bit of a pain to do soIf you like filling out paperwork, and are prepared to get your broker to sign something to say you're entitled to reclaim the withholding tax, then there's more info and forms at[link]
SDS06
01 Mar 2017
Re: dividend payment Received it finally but there is a difference of 14 pence. It says 53 pence per share but paid @ of 39 pence a share.
divvent argie
01 Mar 2017
Re: dividend payment OK mine is in today
