Withholding Tax on UK dividends..

weston68

Registered User
Messages
56
I've started receiving UK dividends. I notice the dividend voucher shows the amount of tax paid to Inland Revenue. When I work out the Irish tax on the gross payment, can I deduct the UK tax to arrive at the actual tax owed to Revenue here?
 
No there is no credit for the UK tax withheld, but in Ireland you are only assessed to tax on the NET income from the dividends.