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Posted Fri, 13 Sep 2024 09:15:22 GMT by Geck09
Hi, I have few questions on dividend, and would appreciate your help. 1. I have a SIP with my employer and the dividend is reinvested (to acquire dividend share) within the scheme. Am I correct that this dividend/dividend share does not need to be included in the self-assessment as it is within the SIP scheme? 2. I also have company shares purchased through the Sharesaver scheme (not SIP) from my employer which pays dividend and is reinvested automatically (to acquire dividend share). My employer is based in London but the company is listed in New York stock exchange and pays dividend in US dollars. Should it be included in Foreign dividends? 3. For the purpose of tax year, should I use dividend “ex dates” or “payment dates”? Thank you
Posted Wed, 25 Sep 2024 13:09:52 GMT by HMRC Admin 20 Response
Hi,
1. that is correct. the SIP will only be declared when you withdraw the pension.  
2. if the company automatically reinvests the shares and you do not have a choice in this, you do not declare them until actually sold.
Thank you.

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