Revolut withholding tax

Fintech startup Revolut is tweaking its subscription plans with a new mid-tier offering called Revolut Plus — it costs £2.99 per month. Like N26 Smart and Monzo Plus, the new plan is a pandemic-proof package that doesn’t focus as much on travel. Revolut already has two paid plans — Premium and Metal. Somerset Trust in rural Pennsylvania has partnered with RoamHR, a financial platform that assists the self-employed, to add tax-withholding help for contract and temporary workers to the bank's services.

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You must pay taxes on your dividends and manage the withholding tax. If you sell the shares, you must also pay taxes on your profits. The third-party broker is subject to certain rules and rules regarding the execution of your orders. ... Revolut has now opened its free stock trading function to its standard and premium customers. Stock trading ...

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> 6 months late - The greater of 5% of the tax outstanding or £300 > 12 months late - The greater of 5% of the tax outstanding or £300 unless the taxpayer is held to be deliberately withholding information for HMRC to properly assess the tax > 12 months late and deliberate withholding of information. Ultimately based on behaviour, but ...

Nor can you use Revolut's platform to buy low-cost tracker funds and investment trusts, which can help diversify your portfolio. Trading US shares also means you'll have to pay 15% withholding tax on any dividends you earn (you'll need to fill in a W-8BEN form).

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