Advertisement
If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)
Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie
Hi there,
There is an issue with role permissions that is being worked on at the moment.
If you are having trouble with access or permissions on regional forums please post here to get access: https://www.boards.ie/discussion/2058365403/you-do-not-have-permission-for-that#latest

Tax on dividend

  • 14-12-2020 1:09pm
    #1
    SeeMoreBut
    Registered Users, Registered Users 2 Posts: 800 ✭✭✭


    I've a few shares which I get some dividend in a different country which I pay tax on. Am I correct in saying I've to pay high rate and usc on the dividend? After I pay local tax here I can claim the foreign tax back which they allow. I didn't bother paying or claiming back for previous years would I get penalties in Ireland if I start claiming for 2018 and 19?

    I need a stamp locally before I can claim foreign tax back it seems.

    Thanks


Comments

  • #2
    relax carry on
    Registered Users, Registered Users 2 Posts: 4,093 ✭✭✭relax carry on


    SeeMoreBut wrote: »
    I've a few shares which I get some dividend in a different country which I pay tax on. Am I correct in saying I've to pay high rate and usc on the dividend? After I pay local tax here I can claim the foreign tax back which they allow. I didn't bother paying or claiming back for previous years would I get penalties in Ireland if I start claiming for 2018 and 19?

    I need a stamp locally before I can claim foreign tax back it seems.

    Thanks

    You just need to declare it on your form 12 (for PAYE only taxpayers) or from 11 (for chargeable persons) for 2018 and 2019. The euro equivalent of the dividend is normally declared gross with the return calculating tax relief for any foreign tax withheld. However it may differ depending on what country the dividends came from. Just follow the instructions in the form relevant to you.


Advertisement