ÀÏ˾»úÎçÒ¹¸£Àû

Article summary

HMRC has published new guidance to remind taxpayers that, from 1 January 2021, since EU directives no longer apply to payments to the UK, some EU countries may start to deduct tax from payments of interest, royalties and dividends. Taxpayers should consider whether the terms of the double tax treaty between the UK and the state of the payer could reduce or eliminate the withholding, and whether they need to make a new or revised claim to the tax authorities of that country. Further guidance may be issued, so stakeholders are advised to monitor these pages for updates.