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Posted Thu, 08 Aug 2024 11:17:35 GMT by Winnie Leung
Hello, I have received a dividend (less than GBP50) for my foreign insurance policy for 2023/24. Do I need to file this amount in my return? If yes, which section in my return I can use for reporting? Thank you.
Posted Thu, 15 Aug 2024 08:11:43 GMT by HMRC Admin 25 Response
Hi Winnie Leung.
If your only foreign income was taxed dividends up to £1,000 you can enter your foreign dividends in this field (rather than in the Foreign section). Enter the sterling equivalent of the dividend.
This is box 6 page 3 of the SA100.
If your total dividend income (including UK and foreign dividends) is over £1,000 and you're eligible to claim deduction relief or Foreign Tax Credit Relief,.
Do not include the foreign dividend in this box.
Complete the 'Foreign' section instead.
Thank you. 

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