Complete the Non exempt dividends grid

Use this grid to enter non-exempt dividends & distributions from non-UK resident companies. This income must be excluded from trading profits and taxed separately.

1. Add the Trading profits section to the return (or select it if already added), then select the Adjustments to trade profit tab.

2. Select Edit to open the grid and complete as follows:

   • Description – enter a description of the income.

   • Per accounts – enter the income included as income in the accounts. This amount will be deducted from the trading profits.

   • Taxable – enter the income taxable as overseas non-exempt dividend income. This defaults to the figure entered in the Per accounts column but can be changed.

   • HMRC Category – select the required HMRC category for the income. (Non-exempt overseas income other than dividends and distributions should not normally be entered here).

3. A new line is automatically added. Unwanted lines can be deleted using the bin icon. Select Save changes.