Hi ,
I am completing a tax return for the first time (Form 11).
My shares are held through a broker and for 2007 I received a number of CASH deposits from dividends on Companies registered in UK, IRL & USA.
UK X3 Companies €176.00
IRL X 1 Company € 448.00
USA X 1 Company € 131.00
I am a PAYE worker taxed at the higher rate.
Questions:
1) How do I determine what Tax has already been paid if any? As I received this directly into my account.
2) If the standard rate of 20% is already deducted do I just pay the difference (21%) of the sum received?
3) Looking for confirmation on where I add these valuations on form 11.
For UK & USA it looks like Section E - Foreign Income.
Section 301 & 306
For IRL it looks like Section F- Income from Fees, .......
Section 404.
I would appreciate any help offered.