Dividends in offshore accounts - Considered as income or £2000 dividend limit?

izawa

Hello,

I hold a investment account overseas where the dividends are paid to my overseas accounts.What I want to know, for self assessment purposes, is are those dividends considered as Income or Dividends? Can I include them in my £2000 dividend allowance?

Jeremy535897

Yes. See https://www.gov.uk/tax-foreign-income/paying-tax

Often the hard part is working out whether the receipt really is a dividend, or whether it is interest.