Help & FAQs

Does FATCA only affect US persons?

We will only report information if you are a US person. If your account shows any of the following six indicators specified by the IRS, we may request further information/documentation to determine your status for FATCA purposes:

  • US citizenship
  • US country of residence
  • US place of birth, or country of incorporation
  • US address, including US PO boxes
  • US telephone number
  • Power of Attorney granted to a person with a US address care of or hold mail address which is your sole address

The same rules apply to members of investment clubs and Company Directors/Company Secretaries. However, non-US persons who hold US investments in their account, and they receive US-sourced income, may be affected if they have not provided us with a Form W8-BEN or W8-BENE.

Submitted on 10th Oct 2017

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Risk Warning

The value of investments can fall as well as rise and any income from them is not guaranteed and you may get back less than you invested. Past performance is not a guide to future performance.

Selftrade does not provide investment advice. If you are in any doubt as to the risk or suitability of an investment or product you should seek advice from an independent financial adviser.

The extent and value of any ISA tax advantages or benefits will vary according to the individual's circumstances. The levels and bases of taxation may also change.

The extent and value of any SIPP tax advantages or benefits will vary according to the individual's circumstances. The levels and bases of taxation may also change. If your options change regarding an employer's pension scheme you may wish to review your financial situation. Once in a pension your money is only accessible, in general, from age 55.

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