Expat investing via LSE

SonnyH

Hi,

I am a non-resident British citizen (living in Asia). I purchase Vanguard ETFs (usually VWRL) in GBP on the London stock exchange. The ETF is domiciled in Ireland.

 My question is - am I liable for UK tax on this, and/or do I need to declare it on a UK tax form? My understanding that as the ETF is domiciled in Ireland I am not, but would like clarification.

Thanks!

JohnWinder

This might be a good site for questions of that nature: https://community.hmrc.gov.uk/
Maybe just not today.

wmb194

SonnyH said:

Hi,

I am a non-resident British citizen (living in Asia). I purchase Vanguard ETFs (usually VWRL) in GBP on the London stock exchange. The ETF is domiciled in Ireland.

 My question is - am I liable for UK tax on this, and/or do I need to declare it on a UK tax form? My understanding that as the ETF is domiciled in Ireland I am not, but would like clarification.

Thanks!

A pertinent fact is where they are held i.e. where is your stockbroking account domiciled? If it's in Asia and you're just buying securities listed abroad it's a non-issue.

dfchk

SonnyH said:

Hi,

I am a non-resident British citizen (living in Asia). I purchase Vanguard ETFs (usually VWRL) in GBP on the London stock exchange. The ETF is domiciled in Ireland.

 My question is - am I liable for UK tax on this, and/or do I need to declare it on a UK tax form? My understanding that as the ETF is domiciled in Ireland I am not, but would like clarification.

Thanks!

I have VWRL in GBP on a Hong Kong trading platform.
No UK tax liability or any declaration required.

The domicile in Ireland reduces the withheld US tax on dividends from 30% to 15%.

Some useful information about tax issues if/when you repatriate here:
https://www.aesinternational.com/blog/most-british-expats-are-wrong-about-the-taxes-theyll-pay-after-moving-back-to-britain?ref=andrewhallam.com

SonnyH

Many thanks for the replies, much appreciated

wmb194

SonnyH said:

Many thanks for the replies, much appreciated

So what was the answer? Is it a non-issue?