Personal Tax - help with self-assessment

System
System Posts: 100,534 🤖 Admin 🤖
edited 10:26AM in AAT student discussion
Hi

I am filing my other half's tax return online, but I haven't studied for the personal tax unit yet!!

It is a very straightforward tax return, but can anyone tell me how to treat Dividends received from UK companies? I thought it would be the amount received but last year our accountant has grossed is up to include tax????

Thanks! :D

Comments

  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:Personal Tax - help with self-assessment

    Hi

    Think I have figured it out. Do you multiply by 100/90 like the FII in business tax?

    Thanks
    :)
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:Personal Tax - help with self-assessment

    Dividends have 10% tax deducted at source, so yes you multiply by 100/90 to get the full taxable income.

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