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Non-US Investing • Help needed to understand UK taxes on non earned income

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Also it was mentioned that foreign income is reported separately but do the allowances or the tax rates differ at all? If the numbers in my example above were all coming from US based institutions would it change the numbers at all, or just the way it'd be reported to th HMRC?
Looking at Fidelity's guide to tax form, foreign dividends below £1k are reported after tax and tax is to be disclosed in a separate box. Because your dividends received are above £1k, you'll need to report them is by country (guide doesn't show that section), and I assume you'll need to state tax withheld in the US.

https://www.fidelity.co.uk/media/PI%20U ... oucher.pdf

Statistics: Posted by pennywiser — Mon Nov 04, 2024 3:28 am — Replies 6 — Views 253



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