Hi,
So I've recently started investing via Degiro and I have several questions.
Dividends - I have shares in Apple, Microsoft, Kraft Heinz etc. from NASDAQ so they're in USD and when I get sent dividends the withholding tax comes off of 15%. . . I also have shares in euro in VUSA S&P500 via Euronext Amsterdam and noticed that the dividends paid to me do not have the withholding tax, it's the full amount. . . So does this mean I should have the European equivalent for Kraft Heinz et al.? Example: instead of NASDAQ should I buy it via XETRA or Amsterdam? Will this give the full dividend? (I'm aware of other tax obligations I just mean is the withholding tax purely because it's in different currencies?
ETF's - I started investing initially because I wanted to follow just the S&P500 (and am doing so via VUSA IE00B3XXRP09) but have really got into it so have bought several individual companies, generally Blue Chip.
Question 1 is should I pick a different ETF because a lot of the companies I am buying are in the S&P500 just in small percentages? eg. I have shares in 4 of the top 10 holdings of the S&P500.
Also VUSA is distributing dividends but I am coming to the realisation that what I need is Accumulating is this correct? That will mean I can avail of deemed disposal and pay the tax on that alone after 8 years? Need guidance on that one.
Also as a PAYE worker is it Form 12 I need to fill out when accounting for dividends for tax at the end of the year? And how does one pay, by Cheque? Online? My tax is always taken care of because I work Public Sector.
Thanks for any info, I probably have a lot more questions but can't think of them right now.
Ted
Submitted January 10, 2019 at 07:26AM by Ted110 http://bit.ly/2VGhfIO
