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From version 7.2 dividends are entered via Capital Assets Share Holding section. (Lloyd's underwriter dividends are not entered via capital assets.)
Enter details of the provider on the UK company distribution screen:
UK COMPANY NAME - enter details of the name of the provider.
Description of holding - enter the class of the share for example, 10p Ordinary.
Reason for Distribution - this field may be left blank.
Dates - enter the date disposed of if this falls within the current tax year, this prevents the record being brought forward to the following year.
Enter the details of the income received on the Dividend records
Qualifying distribution [Y/N] - what is a qualifying or non qualifying distribution?
Holding - enter the number of Units held- no decimal places are allowed.
Amount (net) - enter the net amount received.
Amount of tax credit - this is automatically completed by Iris, if entered manually a warning message will be generated if the figure is not within 50P of iris own calculations.
Date received - this may be left blank, if completed ensure the date falls within the current tax year.
The taxable amount for bonus issue is the nominal value (of redeemable shares) or the principal secured (for securities) plus any premiums paid or payable less any new consideration given for that issue
