Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Edgood Depends where you hold them. Some platforms can't seem to integrate the W8-BEN treaty form? I moved mine from the Halifax which was taking 30% to Trading 212 which only takes 15%. I've also never understood why we pay dividend withholding tax AND stamp duty when purchasing shares? It seems to have a complicated domicile?
Monkeyjack. I moved my DEC stock from Halifax to Trading 212, due to the fact that even with a W8-BEN completed, they still had 30% withholding tax. I never got a straight answer from the Halifax as to why??? I now only have 15% tax.
What happened to the announced quarterly payments in May 2019, due to start Q1 2020? I know that Covid probably ****ed things up at the time they were supposed to be starting the quarterly distributions, but has anyone heard anything regarding future plans to transition to quarterly?
Thanks Northfork. I used to own these in my Halifax ISA, and paid stamp duty on them. But I sold them as Halifax couldn't or wouldn't claim back the 15% even though I had filed the appropriate paperwork! I re-bought them in my Trading 212 ISA, and again, paid stamp duty, but now only 15% divi withholding tax. DEC seems to be a bit of an odd one. The paying full withholding tax seemed to be a bit of an "old chestnut" last year with many people having the same problem across multiple platforms. My point is that I thought stamp duty was only payable on UK registered companies and dividend withholding tax on off-shore companies, but I've been charged both on the two occasions that I've invested with two different companies? Perplexing!
Hi everyone, I'm fairly new to this game and I was wondering if anyone can help. My question is why are we liable for both stamp duty AND dividend withholding tax? I may be being thick, but this looks like we are being stitched up by two different governments?
Hi Everyone, I'm new to this stock and considering putting £5K's worth into my ISA. I have some concerns over what seems to be a falling profit margin and a share price curve over the last year that looks more like a US growth stock! Also, is the recent spike in dividend something the company plans to maintain or is it a one-off? I've only just started researching SYNT but like to get a perspective from current investors. Many thanks in advance for any information you could provide :)