Taxation of UK Dividends

I am self-employed and complete Form 11 on line. In the Foreign Income section, when I enter the net amount of UK dividend income the system appears to deduct tax and PRSI at the appropriate rate on the gross amount. Now I have already paid UK tax on this income at 10%. Is there double taxation here or is there any relief I can claim?

Dividends are assessable for income tax. If you have a receipt for the UK dividend witholding tax then you should get a tax credit in respect of this - i.e. you then pay 41% - 10%.

Thank you, do you know how I get the tax credit - there doesn't appear to be anywhere on the Form 11 to claim this, similar to how credit is given for Irish DWT in the case of dividends from Irish Companies. I have the "Consolidated Tax Voucher" for 2007 from my stockbroker where the UK Tax paid is shown. I rang Revenue but the person there couldn't help.

Hmmm - this would affect everyone declaring vodafone dividends, so I'm surprised the revenue can't shed more light on it.

extopia said:

Hmmm - this would affect everyone declaring vodafone dividends, so I'm surprised the revenue can't shed more light on it.

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Revenue can't bloody well shed light on anything when you call them, they'll just pass you around from one office to the next until you give up. I have even found them asking me questions which could have 'brought me under the spotlight' for a revenue inspection, instead of asking the question I asked, when I phone them. They won't give you a straight answer on anything and they don't like people bothering them from their 'work'.

"Oh, send it in and we'll have a look". What a stupid answer, because when you 'send it in' it's already too damn late!