But to finish my point... HMRC might pay you the tax refund, but it was deducted in Israel by their tax authorities so unless HMRC are footing the bill for refunding foreign tax deductions without receiving it from them in the first place then it's coming from Israel. Let's say via HMRC.
dj230 - Unfortunately, you are still wrong! If as you suggested in your first text, a UK taxpayer should apply to the Israeli tax authorities for a tax refund, they would be wasting their time. There is an alternative way however, whereby a UK shareholder can make representations to PLUS prior to the payment of the dividend, but the process is both cumbersome and tedious - I've tried it! I find the simplest method is to make a claim when submitting one's personal annual tax return. Indeed, a UK investor who does not pay tax will actually receive a tax refund via a cheque / bank transfer directly from HMRC - so the repayment DOES come from HMRC.
Sorry dj30 but you're simply wrong on this. The UK has a double taxation treaty with Israel, so provided you get the appropriate authenticated form from PLUS and then submit it to HMRC you will be able to recover part, or all of the withholding tax deducted at source. I have recovered my entitlement for the past 3 years. DYOR
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