
Claymore Games
New Member
Hi,
We published a Mobile Phone Game through a UK company a little over a year ago. However they were recently bought over by a Spanish company and so now we are being paid through this parent company which has meant they have started taking 10% withholding tax.
We managed to get it reduced down to 10% with a tax residence certificate (after much confusion!),but I've been wondering if we ever get to see this 10% again?
It seems a little unfair to be taking this money in the first place (altough, I'm not blaming the company) and I have a few questions that I'm hoping someone can answer (searching through the Internet and the HMRC's website hasn't helped much).
1) As we've already been taxed 10%, does this mean we don't need to pay more tax in the UK (or pay a reduced tax on it)?
2) Can we reclaim this 10%? (From what I've found on the Internet this doesn't seem likely, but I have to ask!)
Thanks to anyone who can shed some light on this.
Brian.
We published a Mobile Phone Game through a UK company a little over a year ago. However they were recently bought over by a Spanish company and so now we are being paid through this parent company which has meant they have started taking 10% withholding tax.
We managed to get it reduced down to 10% with a tax residence certificate (after much confusion!),but I've been wondering if we ever get to see this 10% again?
It seems a little unfair to be taking this money in the first place (altough, I'm not blaming the company) and I have a few questions that I'm hoping someone can answer (searching through the Internet and the HMRC's website hasn't helped much).
1) As we've already been taxed 10%, does this mean we don't need to pay more tax in the UK (or pay a reduced tax on it)?
2) Can we reclaim this 10%? (From what I've found on the Internet this doesn't seem likely, but I have to ask!)
Thanks to anyone who can shed some light on this.
Brian.