Do you reclaim or reduce withholding tax on overseas dividends?

We don’t offer a foreign withholding tax reclaim service. However, to deal in North American investments, you must complete specific forms which allow you to benefit from the lower ‘treaty’ rate of withholding tax.

You don't need to complete either form if you hold your investments in our SIPP. This is because when in a SIPP, US investments are automatically exempt from withholding tax. Likewise, Canadian investments automatically benefit from reduced withholding tax.

• If you want to buy and sell US-listed investments within any account except a SIPP, you’ll need to complete a W-8BEN form.
• If you want to buy and sell Canadian investments within any account except a SIPP, you’ll need to complete an NR301 form.