Dividends and 1st Tax Return

bloobuoy75
bloobuoy75 Registered Posts: 16 New contributor 🐸
Hi All,

I'm just in the process of filling in my first self assessment tax return having received dividends from the limited company that I setup to charge my contracting work through. What box do these dividends go in on the SA form? Is it box 3 on the Other Income sheet?

Thanks

Bloo

Comments

  • farmergiles
    farmergiles Registered Posts: 1,693 Beyond epic contributor 🧙‍♂️
    bloobuoy75 wrote: »
    Hi All,

    I'm just in the process of filling in my first self assessment tax return having received dividends from the limited company that I setup to charge my contracting work through. What box do these dividends go in on the SA form? Is it box 3 on the Other Income sheet?

    Thanks

    Bloo

    It is page 3, entry 3 on the SA return(not other income form) and enter them net.
  • groundy
    groundy Registered Posts: 495 Dedicated contributor 🦉
    Suggest you use an accountant!
  • Anne Boleyn
    Anne Boleyn Registered Posts: 196 Dedicated contributor 🦉
    Company accounts

    Hi Bloobuoy

    Have you prepared your own accounts and CT600? Or have you used an accountant for those. This isn't meant as a criticism, just that the self assessment, in my view would be the simplest of the three to complete.
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