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Dividend Tax

Only for queries regarding Indefinite Leave to Remain (ILR). Please use the EU Settlement Scheme forum for queries about settled status under Appendix EU

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tally80
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Posts: 32
Joined: Sat Apr 30, 2016 9:02 pm
Location: London, UK
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Pakistan

Dividend Tax

Post by tally80 » Sat Apr 30, 2016 9:18 pm

Hi everyone,
I am applying for ILR in June. I am currently on Tier1 Gen. I shall apply on the basis of 5 year. I got Tier 1 Gen. Initial in Apr 2011. Then, extension in 2013. I claimed my all earnings through Dividend Vouchers both the times, so will be this time as well. My question is about Dividend voucher calculation this year. Because on6 Apr 2016, Hmrc abolished old Dividend tax credit system and introduced new Dividend tax bands. My Dividend will be spread over 12 months starting from June 2015-june 2016. Please advise how can I calculate and show Dividends to home office as we can not use Tax Credit in calculation from 6April to June 2016.
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ohara
Diamond Member
Posts: 1826
Joined: Fri Jan 27, 2012 7:00 pm
Location: hiding in a badger sett
United Kingdom

Re: Dividend Tax

Post by ohara » Sat Apr 30, 2016 9:51 pm

This isn't a tax forum.
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