Can anyone advise why Freetrade deducts 20% tax on dividends from stocks held in ISA? Not saying they are wrong just don’t get why a deduction is made
Actually deduction in another was 35%
Which company? Could be they are US companies, which have Tax deducted even when in an ISA…
Are you 100% sure you haven’t made a mistake? FT don’t withhold anything other than the 15% that @scudulike mentioned on US stocks.
Swiss withholding tax is 35%
This is the reason
To add, you really should have known this (not having a go, just something to remember). It’s important to make sure you read and understand the business and business structure of the companies you’re buying shares in
I remember a previous discussion on here regarding Ferrexpo / tax.