I received a UK dividend but was taxed at 20% by Freetrade.
Why? I am underneath the £2000 per year. I do not have to even declare this to the Inland Revenue.
This is worst than the US 15%!
You’ve received a Property Income Distribution of £0.82 in your General Investment Account (GIA) for Commercial Property
|Investment income type||Property Income Distribution|
|Shares held on ex date||294|
|Amount per share||£0.0035|
|Tax withheld (20%)||£0.2|
I have just read the Costs & Charges again, and it does not mention any withholding tax on UK company dividends.
|Stamp duty||0.0000% (On execution)|