Member Info for gazzastrip

Has this thread died? if anyone can show me how to get back to the original or even a new one? i would be grateful. cheers

I simply called them on 00 353 67 63105

The lady that answered knew all about SLE so i guess they have taken a few calls!

For what its worth I have just spoken to a helpful lady at the Irish Tax office who advised that the letter I have received is the first part of the claims process and basically shows that they have set up the payment and confirmed the bank account. Payments are being made but she says they are currently processing claims initiated in June and as mine was sent in July I wont actually receive the payment for another month or so.

Also, regarding proving your UK status, I simply provided a certified copy of a recent payslip with my UK NI number on it. I didn't bother getting anything form UK HMRC.

I hope SLE sort something out for any future dividends as this is a bit of a palaver for UK resident investors, especially when the holding is through an intermediary!

Anyone received it yet?

I got a letter from the Irish Tax people telling me they will make a payment to the bank account i put on the claim form. A week and a half later still no money received. Any one else had the same issue?

I would also be interested in this.

From my point I have not yet heard back from Ireland and send them the forms around 2 weeks ago.

My experiences with providers where I hold SLE shares has been mixed!

ii were initially pretty poor but have actually helped as they provided the certificates for me to claim directly on my ISA quite quickly and after some correspondence agreed to subject a claim for all clients who hold SLE in a SIPP on their platform. I am yet to receive any payments on this.

IG index have been absolutely useless. I hold SLE in an ISA with them and initially they took weeks to credit my account with the dividend and after following up several times I received it about 3-4 weeks after it was that on my ii account.

I have then spent ages trying to get IG Index to help me claim the tax but to date they have been useless and I have had to write in a letter of complaint. They have sent me round the houses and at all times have shown no interest in helping at all.
Dealing with them is made more difficult in that they never ever answer their phone and I give up after holding for 15 minutes!

I too would be interested in the experiences of others and whether anyone has received a payment from Ireland?

Bandit, i am too with ii in a SIPP (and an ISA) and as detailed face the same issues.

I am going to give them a week to help and if they don’t i will raise a complaint. This is usually the best way to get things done with these companies. No doubt they will refer to the T&Cs, but that is unlikely to win then many favours with the Ombudsman if it gos that far.

I actually work in the pensions and financial services profession so i am aware of some of the rules and issues.

Re a holding ion a SIPP, whilst a payment of a tax reclaim direct to the plan holder (and not the nominee) would be treated as a unauthorised payment and severely taxed by the UK, there is nothing to stop the nominee/platform undertaking the reclaim and really they should so so for all their SIPP holders- even if they charged a fee for it.

re my ISA, my platform (ii) have sent me a certificate allowing me to pursue a claim. It shows my holding, the nominee details and the total gelding of the nominee along with the tax deducted. To be fair to ii they have told me that this can't be put back into the ISA and if it was it would use part of my annual allowance.

This isn't a big issue for me, but the reclaim on the SIPP is in excess of £1,000 so i am disappointed with the lack of assistance by ii on it.

So for the ISA it is ok to have a tax reclaim paid directly to the holder and not the plan and there are no negative consequences other than it cannot be put back into the ISA without using some of the ISA allowance. But for the pension, the reclaim can't or shouldn't go straight to the plan holder and really needs to go back to the plan itself.

Separately, but related, I also hold a small number of SLE in another ISA with IG Index. To date they are yet to credit my account and the last email i had from them around 10 days ago said they hadn't received any payment. Sadly they haven't responded to my follow up emails yet!

As has been said- great that SLE are rewarding shareholders (god knows i feel like i need a reared as a long term holder), but shame the process is so messy!

Anyone else hold SLE in a SIPP?

I have a decent sized holding and my platform is telling me that they are not willing to help re the reclaim of overseas dividend withholding tax and yet they have sent me information to allow me to pursue this for my shares in my ISA.

Anyone else having this issue? Quite annoying as the sum involved is probably around 5 years worth of the annual SIPP fee!

thanks very much to you both.

I have SLE shares in an ISA with IG and both an ISA and Pension with ii.

Monies have still not hit my IG account but they have hit the ii accounts. The amounts were less the Irish holding tax.

I messaged ii and asked them id they were going to reclaim this tax for me and their other clients and this is their rather unhelpful reply:

I'm afraid we do not offer a tax reclaim service for foreign income,
therefore this is something you would need to investigate with the Irish
revenue directly.

Anyone on here any clue how to pursue this? Or do other platforms and brokers deal with this and ii are being lazy?

cheers

Bought a chunk today at just over 35p.Will offer them for the tender process and expect to get 46p for the majority of them.Any that aren't taken up return to me and hopefully the SP will be higher than that which i have paid today.Seems like a no brainer? That said SLE have been mugging me off for years so i am very suspicious of being duped once again!