TAX Return and Company Dividends

coldwater

Registered User
Messages
5
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.
 
Coldwater,

It doesn't appear to me that you are obliged to file a tax return on self assessment rules. By that I mean a form 11, you should file a form 12.

I presume when you say "my shares" you mean shares in companies like say CRH etc....

Get a statement from your broker.
 
Thanks for the reply, Yes I mean shares like CRH.
Form 12 certainly looks more appropriate, was following ROS links to form 11 hence this is where I started, thanks again.