Waived dividends are being imported from Company Secretarial to Personal Tax

Article ID

ias-12176

Article Name

Waived dividends are being imported from Company Secretarial to Personal Tax

Created Date

25th November 2015

Product

IRIS Personal Tax

Problem

Users have entered waived dividends into Company Secretarial and when importing to Personal Tax it imports all dividends including the waived ones.

Resolution

Waived dividends are tax free and therefore do not need to be reported on the self-assessment return, you will need to manually delete these dividends. Please note that the dividend will only be deleted from Personal Tax and not Company Secretarial.