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Self Assement
sorcerer
Posts: 878 Forumite
in Cutting tax
Just a quick question, on the Self Assesement form for HMRC, would i need to report dividend payments from investment trusts and REITs, if they fall within the new £5000 dividends rules that come into force last year?
It's not clear in the form or it's guidence notes. I don't want to end up paying tax I don't have too.
It's not clear in the form or it's guidence notes. I don't want to end up paying tax I don't have too.
0
Comments
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Yes, you have to report all taxable income when you fill out a self-assessment. That includes dividends even if they fall within the nil rate band.0
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Ok thanks for the reply.
Another one i wasn't sure about it what if I hold an investment trust based on Guernesy which is also a REIT, does this go in the Foreign Dividends section or the place they tell you to REIT's or PAIFs?0
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