Tax on shares bought in UK

[simpsp31]

Hi,

I want to buy some UK shares and i can get a better exchange rate by transferring the Euros to the UK and buying through my UK broker rather than using an Irish based brokers exchange rate.

I moved to Ireland from the UK in Feb 2010 and intend to stay here permanently.

What are the tax implications for any dividends received on shares bought this way whilst resident in Ireland.

Thanks Paul.

 

[jpd]

... In relation to UK dividends, you are assessable here on the net amount of the dividend received and you are not entitled to any credit for the UK tax (currently 1/9th of the net dividend) deducted at source. Example: Net Dividend: €450 UK Tax Credit: € 50 Gross Dividend: €500 You are assessable here on €450 and there will be no credit given for the €50 tax deducted...

see here [broken link removed]