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  • Self Assessment Share Dividends (DRIP)

    I have a small amount of shares and the company doesn't pay out cash dividends to me. Instead the company retains the cash dividend and reinvests it under a DRIP (Direct Reinvestment Plan) to purchase further shares in the company. Would I be correct in stating that since the organisation reinvests my dividends to purchase additional shares there will be no taxed owed until the shares are sold and therefore no requirement to include details of the reinvested amount in my self assessment form for the tax year?
  • Self Assessment Registration 2023-2024

    When registering for self assessment, in relation to the question 'untaxed income date' If the untaxed income comes from interest generated from untaxed savings interest pertaining to the financial year 2023-2024, would it be correct to input the 06/04/2023 due to this being the first date of the financial year that the untaxed interest refers to?