Dividends from UK companies

This screen is accessed from the data input tab within the tax return and allows entry of dividends and other qualifying distributions received from UK companies. Stock dividends and Unit Trust Dividends are entered elsewhere.

Dividends from UK companies

  • Description’ Enter the description of the holding. Taxfiler contains information on dividends from companies listed in the FTSE-350 index, which comprises the top 350 companies (by market capitalisation) listed on the UK stock exchange. As you enter a description you will be offered a selection of matching companies from the FTSE-350. If you select one of the FTSE companies then all the payment dates for that company will be entered automatically into the grid. If the required dividend is not listed you will need to enter the name and share description.
  • Shares held‘ Enter the number of shares held, if known. If the holding is one of the FTSE-350 companies for which Taxfiler has dividend payment information then the number of shares will be used to determine the actual dividends and tax credits due in order to automate the completion of the dividend data.
  • Date paid‘ Enter the payment date for the dividends, where this has not been completed by Taxfiler
  • Dividend’ Enter the dividend received, where this has not been completed by Taxfiler

Additional text note

Enter any additional white space notes that you wish to be included on the tax return.

Deleting dividends

To delete a line from the grid, click the ‘trash can’  button at the end of the line.

Please note tax is no longer taken off at source for UK company dividends, and must be declared as the amount received on the tax return. Tax due will be calculated accordingly.

Using income losses against capital gains

Firstly, please ensure that you are making the best use of the losses before proceeding. Select the Capital gains tab from the data input screen Click on the Disposals tab, and enter the relevant information Click on the Capital Losses tab, and enter the amount of loss that you wish to set off against the […]

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Restricting access to clients

This feature is only available for multiuser accounts, it has been designed so that you can restrict user access for certain clients if required. Users with “edit client access” rights AND who have access to a client can assign or remove access rights via the Access tab on the client screen. The default is that […]

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User restrictions within Taxfiler

This function is only available for a multiuser license. Some functions within Taxfiler can be restricted from a user. From the SETTINGS icon select Users and select the user that you wish to edit Select Restrictions tab You will be presented with several functions which can be selected or removed via a tick box. For […]

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