I've received a mixture of UK payments to cover rights issues and share re-purchases. How do I account for them in relation to Irish tax. In relation to the share re-purchase, I did not originally buy the shares - they were a gift transfer from my parents. Can I also ask about UK dividends used to purchase new shares? How do I account for the amount of net dividend I did not receive as the company used the money to purchase new shares for me?
The net amount of UK dividends is taxable in Ireland whether you receive it as money or shares. If you make a Form 11 return annually, there is a section for the amount to be filled in.