Foreign dividends

This section is accessed via the Data Input tab within the tax return and allows for input of foreign dividends. You should add a new section for each country from which foreign dividends have been received.

All amounts of foreign income received and foreign tax paid must be entered in sterling.

• Period start - enter the start date of the accounting period.

• Period end - enter the end date of the accounting period.

• Country - start typing the name of the country where the interest arose, and select the country from the list displayed.

• Is income unremittable? - tick the box if the partnership has dividends arising outside the UK that it’s unable to remit to the UK because of exchange controls or a shortage of foreign currency in the overseas country, to claim that the unremittable dividends should not be taxed.

• Description - enter a brief description of the income, this doesn’t appear on the tax return.

• Amount before tax - enter the gross amount before tax has been deducted.

• Foreign tax paid - enter the amount of any foreign tax taken off.

To delete a line from the grid, select the ‘trash can‘ icon at the end of the line.