RE: Dividend paid14 Jan 2019 10:55
Have got my answer on the dividend withholding tax. Not sure it tallies with what other people have experienced...but....
Because my shares are held in Crest, the W8Ben can have no effect, and withholding tax is 30 percent.
Last year DGOC declared dividends as paid from capital, which meant that the tax rate could be dropped to 15 percent. If DGOC were to do the same again, I would get the 15% back as a cash credit, but otherwise, any UK brokers holding the shares in Crest have to stop 30 percent withholding tax.
It's not worth wasting time trying to look into it further for the sake of around £3, but I'll probably sell up if I get the chance of a bit of profit.