Threshold for tax on dividends

[johncb]

I received a very small dividend payment last year [less than €20], and I understand that such payments are taxable. Just wondering - is there a threshold below which the amount is so small, it's more hassle for Revenue to process it? Will the tiny amount just raise more questions if I declare it?

Also, dividends came through Etrade, and the annual statement doesn't mention anything about withholding tax. Should I just assume the amount of dividend stated is a gross amount; if there was withholding tax, I guess they'd have needed to say it?

Company is Irish headquartered, shares are quoted in USD on the NASDAQ, and I receive dividends etc. from Etrade based in the US. Should this be declared as foreign dividends on form 11, or since the company is registered in Ireland, is it an Irish dividend?

 

[ClubMan]

Just wondering - is there a threshold below which the amount is so small, it's more hassle for Revenue to process it?

No, it's added to your overall income and tax etc. calculated on the total.

Also, dividends came through Etrade, and the annual statement doesn't mention anything about withholding tax. Should I just assume the amount of dividend stated is a gross amount; if there was withholding tax, I guess they'd have needed to say it?

If there's tax withheld then it will be detailed. Perhaps you previously completed a US IRS W-8 BEN form so are not subject to US withholding taxes as a foreign national?

 

[johncb]

Thanks for the response. Yeah, I completed some form (W-8 BEN sounds familiar) about being non-US resident for tax purposes. Seems a bit weird declaring tax on a couple of quid, but probably easier to just pay it.