mp52
29-06-2016, 06:33 PM
Hi,
Looking at putting some money into a UK-based ETF while the exchange rate is in our favour and have a couple of questions about tax I'd like to confirm. Taking into account the usual disclaimer of confirming facts with an accountant, can anyone with funds overseas confirm whether the following are true?
Interest/Dividend earnings up to £11K are tax-free in the UK, including for non-residents.
Overseas interest earnings totalling under 50K NZD in a tax year will not attract FIF tax from IRD.
The interest earnings are liable for RWT tax at the PIE rate.
Cheers!
Looking at putting some money into a UK-based ETF while the exchange rate is in our favour and have a couple of questions about tax I'd like to confirm. Taking into account the usual disclaimer of confirming facts with an accountant, can anyone with funds overseas confirm whether the following are true?
Interest/Dividend earnings up to £11K are tax-free in the UK, including for non-residents.
Overseas interest earnings totalling under 50K NZD in a tax year will not attract FIF tax from IRD.
The interest earnings are liable for RWT tax at the PIE rate.
Cheers!