Irish Witholding Tax26 Jun 2013 12:58
I am the client that HL used as a test case after the Irish Revenue interceded on my behalf. The claim was successful and I received a rebate for 2011 and 2012. I was, however, advised this morning by HL that a decision has not yet been reached as to whether the service will be offered as they have a lot customers who own Irish shares and they would have to offer the service to all clients concerned. I have decided not to wait for that decision as they will not make no further claims for me because of the equality requirement. They are waiving the transfer costs to another company and so I am moving to Idealing who routinely claim back the tax .
The Irish Revenue are doing well out of all this DWT. They do not want the money as they are not entitled to it but can only repay through HL. I think the Daily mail would give all this much needed publicity, as reading posts on this site and ADVFN, other large companies are also not making claims on their clients behalf. in effect they are giving away our money to Ireland. I am elderly and do not feel up to leading a campaign but perhaps someone could take up the cudgels.