This is an Australian company and the dividend received this time includes a 30% withholding tax deduction. This hadn’t been charged before. Has something changed?
Looking at the Australian tax office rules I believe no tax is payable so I can’t see any reason for the change.
I think you are correct. I hold the same stock via Hargreaves Lansdown and the divi via that platform arrived with zero tax deduction this year.
Freetrade have confirmed they made a error when they deducted tax. We are now waiting for them to refund us.
Looking a bit closer, comparing Freetrade against HL on this dividend, it would seem that the net dividend paid out via Freetrade is correct; what they have got wrong is the gross amount and tax. I don’t expect that there’s any more money coming to us.
Woodside declared the divi at USD 0.60 = GBP 0.468.
H&L stated: gross £0.468, tax zero, net £0.468 = all good.
Freetrade stated: gross £0.6688433, tax 30%, net £0.468 = the gross & tax are wrong but the net seems correct per declaration. I am wishing that I’m wrong.