Urgent for Dividend

[spellish]

Dear All

would anybody let me know, when i claim dividend voucher .......do i need to show net dividend or Gross Dividend ??

thxx

Help will b appriciated

[John]

You need to show the net dividend, that is, the amount of dividend actually declared by the shareholder(s) or director(s). You also need to show the amount of the Tax Credit, which is one-ninth of the amount of the dividend paid.

For tax purposes, and thus also for UKBAs purposes, the income is the net dividend plus the Tax Credit.

[sk.sunshu]

You need to show the net dividend, that is, the amount of dividend actually declared by the shareholder(s) or director(s). You also need to show the amount of the Tax Credit, which is one-ninth of the amount of the dividend paid.

For tax purposes, and thus also for UKBAs purposes, the income is the net dividend plus the Tax Credit.

HI any one got their visa extended with gross dividends please post their experience. Net or Gross dividends big confusion.

thanks
sharath

[adityaisukapalli]

Its 100% GROSS dividend.

Your income = GROSS salary + GROSS dividend

[John]

adityaisukapalli, for the avoidance of doubt, by "100% GROSS dividend", you mean what?