RE: Withholding Tax5 Jan 2021 20:19
Thank you for your message.
I am afraid we are unable to directly assist our clients with the recovery of overseas withholding tax.
We are able to provide dividend vouchers to assist our clients who wish to process this on their own, but this service is not available for stock held within an SIPP.
I have arranged for these vouchers to be sent to you for your recent FXPO payment in the ISA, however.
Please note you will have to manually request these in each instance, we are unable to issue them automatically, though there is no charge for us providing you with these.
If you have any other questions, please get back to me.
Kind Regards
Michael Dollin
Investment Helpdesk Consultant
Thank you for your recent enquiry.
We are unable to provide you with documentation to support a tax reclaim from a holding within the SIPP account.
HMRC rules state that no benefit can be gained from a SIPP holding outside of the SIPP wrapper. As such the SIPP provider, in this case Hargreaves Lansdown, would need to process the reclaim on your behalf. At present this is not a service we offer due to the additional administration and expertise involved.
I trust the above is in order and should you require anything further please do not hesitate to contact me.
Kind regards
Richard Wait
Dividend Department