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Dividend voucher Tax credit public fund?

Posted: Fri Apr 19, 2013 11:44 am
by cluelesss
Hi,

I am self employed Tier 1 General and working through my own limited company. I received my documents from accountant and the dividend vouchers mention a dividend tax credit.

Does anybody know that whether this tax credit is a public fund or not. I think the dividend tax credit is different from Working Tax credit.

Anybody who has experience submitting dividend vouchers for ILR would know this.

Thanks,
Sajid

Re: Dividend voucher Tax credit public fund?

Posted: Fri Apr 19, 2013 7:27 pm
by Kevin24
cluelesss wrote:Hi,

I am self employed Tier 1 General and working through my own limited company. I received my documents from accountant and the dividend vouchers mention a dividend tax credit.

Does anybody know that whether this tax credit is a public fund or not. I think the dividend tax credit is different from Working Tax credit.

Anybody who has experience submitting dividend vouchers for ILR would know this.

Thanks,
Sajid
Dividend Tax Credit is not a public Fund. It is 10% of your Dividend Income.

Posted: Sun Apr 21, 2013 12:29 pm
by cluelesss
Thanks Kevin. :)

Posted: Mon Apr 22, 2013 12:20 am
by ilrapplicant2013
And you can obviously use it for claiming points.

Posted: Thu Apr 25, 2013 10:58 am
by cluelesss
yea. i did the same and got the required points. :)