fourm member

"I'm not sure the FE is right to say you can reclaim it."

You would be right,if that is what I said, but it isn't what I said. I said you can claim a tax credit. The amount of that credit will depend on HMRC's assessment, as explained in the link I posted for morddwyd.

In general terms I think that a UK taxpayer who receives dividends from foreign companies will usually be eligible for a tax credit amounting to one ninth of the total dividend. HMRC will advise on individual cases.

It is complicated, we should be able to sort this kind of thing out a little better inside the EU.

I can understand a reluctance on the part of EU governments to surrender to community-wide taxation measures, but I cannot understand why it should apparently be impossible for them to get together to devise a means of smoothing out tax anomalies like this one.

Surely one tax authority could speak to another, and agree to devise a simple system for their respective investors?