When do I have to declare dividends from my shares? – BBQ Talk 32

When do I have to declare dividends from my shares? – BBQ Talk 32

When do I have to declare dividends from my shares?

 

Ans (Debbie from Affinitas)

You have to declare your dividends from your shares each year in your tax return. They are declared in the year they are paid. If you participate in the dividend reinvestment scheme (where you get more shares instead of physically receiving the money) you still have to declare the dividends as income.

Be sure to keep your dividend statements throughout the year to give to your consultant when completing your tax return.

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Agilis Chartered Accountants

Agilis Chartered Accountants

Agilis Chartered Accountants provides tailored accounting services, offering clients a high level of personalised advice and support - from individual tax to business consultancy. With a commitment to driving success, we provide comprehensive accounting and advice solutions that ensure every stage of your journey is met with the utmost efficiency. From startup through expansion and growth, our services make it easier for you to achieve business objectives – ultimately leading towards greater financial stability.