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Where Taxpayers and Advisers Meet

Classification of dividends as UK / overseas

Cap_Scarlet
Posts:32
Joined:Sun Jun 17, 2018 2:59 pm
Classification of dividends as UK / overseas

Postby Cap_Scarlet » Mon Jan 18, 2021 2:27 pm

I am a UK resident and in receipt of dividends from various companies which are all paid into my overseas brokerage account (in Germany).

How should those dividends be classified for UK tax purposes?

E.g. for a UK based company (e.g. GSK) the dividends are paid into my German account but its a UK domiciled company - is that a UK or overseas dividend.

More importantly - does it matter?

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