Tax on Dividends from Company Share Ownership Plan

Hi Need an advice/answer on the following. I am a member of my companies "Share Ownership Plan". In this plan £150 per month is used to purchase the company shares (through salary sacrifice scheme - I think), Whenever the company pays dividend, it is automatically re-invested and additional shares purchased by the scheme operated by the company. In the past, I have declared the dividend value, obtained from the dividend statement, in my self assessment and paid tax on it. Is this the right procedure? Please note the dividend money never comes to my bank account. It is automatically re-invested by the scheme operated by the company. Many Thanks

Hi Balakrishnan Bhaskaran,
Please have a look at to help identify the scheme that you are participating in, as they offer different tax advantages.
Tax and Employee Share Schemes
Thank you.