Are dividend vouchers showing withholding tax available on Interactive Investor

milleniumaire

Hi, I have investment accounts with both Hargreaves Lansdown and A J Bell and I'm considering opening one with Interactive Investor.

For such a large company HL are VERY poor at providing Dividend Vouchers, which I require as they show the withholding tax on US dividends.  It is necessary to send them a secure message asking them for a voucher for each and every US dividend.  A real pain!

A J Bell on the other hand, make the dividend voucher available as part of the dividend transaction, so it is always a click away.  It's about time HL did the same.

Can anyone tell me what the situation is with dividend vouchers showing withholding tax on the II platform?

TheGreenFrog

tbh I don't know the answer to your question, but as I am only subject to UK tax I have only ever needed the year end tax certificate summary which shows the amount of the withholding per dividend

poseidon1

milleniumaire said:

Hi, I have investment accounts with both Hargreaves Lansdown and A J Bell and I'm considering opening one with Interactive Investor.

For such a large company HL are VERY poor at providing Dividend Vouchers, which I require as they show the withholding tax on US dividends.  It is necessary to send them a secure message asking them for a voucher for each and every US dividend.  A real pain!

A J Bell on the other hand, make the dividend voucher available as part of the dividend transaction, so it is always a click away.  It's about time HL did the same.

Can anyone tell me what the situation is with dividend vouchers showing withholding tax on the II platform?

Ii do not supply individual dividend vouchers for US stocks or any other country that I am aware.

However subject to your having signed off a W-8 Ben ( a condition for any US investment ),  ii supplies a consolidated year end tax certificate detailling in dollars the gross , US tax ( at 15%) and net dividend received for UK tax reporting purposes.

This is all I needed for self assessment purposes not at all sure why you need the individual dividend vouchers ( as they arise). I don't see what purpose the vouchers would serve if your only concern is year end tax compliance. II makes the consolidated tax certificate available in May each year, so not a long wait.