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Self Assessment - reporting cash and scrip dividends
Double_Fault_Blues
Posts: 10 Forumite
in Cutting tax
I am filling in my self assessment for the first time online having previously submitted returns on paper.
Before, cash dividends were entered on the main return SA110 at box 4 and the scrip dividends at Additional
Information SA101 box 12.
The online return doesn't appear to offer a scrip dividend entry. Should I just add the two together and enter
one value?
Thanks
Before, cash dividends were entered on the main return SA110 at box 4 and the scrip dividends at Additional
Information SA101 box 12.
The online return doesn't appear to offer a scrip dividend entry. Should I just add the two together and enter
one value?
Thanks
0
Comments
-
I don't use HMRC software so I don't know what the online return offers. The taxation of scrip dividends is discussed here:
https://www.gov.uk/hmrc-internal-manuals/savings-and-investment-manual/saim5150
If your scrip dividend is taxable in the same way as a cash dividend, presumably you could add the two figures together, but it would be best to check with HMRC.1 -
I am not sure why but the box for 'stock dividends' is buried in the 'Other UK Income' section of the HMRC online form. You need to go back to 'Customise my return' and find the question on page 2 for 'Other UK Income', say Yes and save, then a new other income section should appear within the return where you can check the box to say that you received stock dividends, finally a new page is added to that section where you can put the amount in...Double_Fault_Blues said:The online return doesn't appear to offer a scrip dividend entry.
1
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