UK tax residency certificate and claiming tax relief on foreign interests
It's a bit confusing, so would be appreciated if someone could explain me that. If I live in the UK and
1)
I have a UK tax residency certificate in a foreign bank, tax on interests is taken there 10% and then in the UK I can claim tax relief on interests which means 20-10=10% I have to pay 10% tax on foreign interests in the UK
2) if I do not have UK tax residency certificate so the foreign bank takes 15% tax on interests, then in the UK am I allowed to claim tax relief on interests 20-15=5% and pay 5% left in the uk tax on foreign interests or as I dont have that certificate in foreign bank, I can't not claim that 15% in the uk and pay 20%?
thanks
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