Base Resources Share Discussion Threads

[brownmruk] 07/1/2021 09:44

How much tax was withheld? I received my BSE dividend net of 15% tax which is the correct amount. Australian WHT is 30% on dividends but reduced to 15% under a double taxation treaty.

[plasybryn] 06/1/2021 23:31

Anyone been successful in reclaiming their withheld tax on the BASE dividend? Such a parlarva. I've recently gone through the same ordeal with San Leon Energy registered in Ireland so hopeful the Australians will come through as well. But to attract investors the Co. needs to sort this out imo. It is an unsatisfactory situation.

[janekane] 04/1/2021 12:50

Lots of buyers today has this been tipped in the newspaper’s

[janekane] 28/12/2020 17:25

Another divi to be announced 22/2/21

[janekane] 27/11/2020 07:39

Base iron ASX down 0.025 AUD today shome thing wrong their

[wet your knot] 25/11/2020 23:27

Tranche shurely

[janekane] 25/11/2020 08:37

Bought another little trance today divi is looking good for end of March

[ntv] 23/11/2020 08:08

Yes, nice move there and volume picking up too
Don't suppose we will follow though

[janekane] 23/11/2020 07:44

Base up 3 Australian cents today

[ntv] 20/11/2020 08:35

Janekane
If you put Base Iron on your monitor list it will give you the price in Aus

[janekane] 19/11/2020 21:47

Agm tomorrow

[janekane] 19/11/2020 14:01

NTV
Emailed a college in Sydney asked to get quote for base resources it’s AUD 0.29 cents
That equates to £0.15 3 pence
So we are not in sink with actual share price Australia

[brownmruk] 18/11/2020 10:40

Look at it this way, the ISA wrapper shelters a UK investor from paying UK tax on income from their investments. It doesn't provide an exemption from all taxes due by the companies you invest in.

[brownmruk] 18/11/2020 10:21

I'm not sure why you would think this tax can be reclaimed. The dividend was paid by Base Resources out of income that it had not paid tax on. 15% is the correct rate of tax under the Double Taxation Agreement between Australia and the UK. Why would the Australian government let us reclaim that tax? There is no double taxation here to reclaim.

[ntv] 18/11/2020 09:42

Surely IG should do that for me?

[plasybryn] 18/11/2020 08:08

Yes of course you can claim the withheld tax back. Google the Australian Tax Authorities for the form. They may ask you to obtain a Certificate of Residency, again obtainable online. Takes a few months but the system is there.

[ntv] 18/11/2020 07:46

ok thanks

Still climbing in Aus
Why no response here?
now 28.5 cents

[brownmruk] 17/11/2020 11:33

NTV - I'm not an expert but my best guess is probably no. The Australian authorities don't know (or care) that you are holding the stock in a (UK) tax free wrapper.
If you held the stock outside an ISA the withholding tax would be part of your overall tax paid and you might get some of it back depending on your circumstances.

[ntv] 16/11/2020 13:28

brownmruk
Can I get the tax back in an ISA?

[brownmruk] 16/11/2020 12:23

The AUD rate is probably gross. Withholding tax rate is 15%.

[ntv] 16/11/2020 10:46

janekane
What rate are you using?
I am using 1.8025 and a mid of 27 cents

[janekane] 15/11/2020 18:30

Has anyone any idea about the divi payment dates are they quarterly interims or half yearly interims or just a single yearly payment

[janekane] 15/11/2020 18:26

NTV
It’s in AUD so it looks higher but if converted to GBP it’s the same

[plasybryn] 14/11/2020 07:28

Withheld tax which you have to claim back. I'm still waiting for mine.