Self Assessment for Dividends

[JB3000]

This is a query of my friend please could anyone help ??

The message was sent to me ......

"I have taken dividends from my company from June 2012- June 2013...

When doing the self assessment for 2012-2013 I did not enter any dividends but when doing SA 2013-2014
I have put the whole figure at once as dividend taken, is this right way or should I split the amount into both SA "

Please help any experts ...

Split it

Declare the dividends as they were paid (assuming voucher dates and payment dates match), i.e. declare some dividends in both tax years

[mahesh1985]

Split it

Declare the dividends as they were paid (assuming voucher dates and payment dates match), i.e. declare some dividends in both tax years

Spot on JB3000 that's what was advised by others as well.. he has been doing the return manually for corrections for 12/13 and will be sending it soon. Thanks for the advice....:-)

[Scruff]

I would carefully consider that the correct dividend vouchers have been issued by your friend's Company, and based on their dates, this will determine in which Tax Year they get declared. Depending on the amounts, and whether they take him/her into the High Rate income tax bracket, the only amount to be outstanding might be the penalty for late submission for the late tax return? Always better to file the income correctly. IANYA, so best confirm with them.