Company Dividends Received

Company Dividends Received

Didn't find your answer?

Hi,

Could someone put me straight as to the Accounting and tax treatment of dividends received by a corporate client? Am I correct in saying that there are no tax implications as far as the recipient company is concerned? I seem to recall many, many years ago the paying company used to have to fill out a Return of FII but suspect that this was to do with ACT and is no longer appropriate but would appreciate any advice.

Many Thanks,

Peter

Replies (2)

Please login or register to join the discussion.

pic
By jndavs
03rd Mar 2015 11:22

Amount received
The accounts record the amount actually received.

Thanks (0)
paddle steamer
By DJKL
03rd Mar 2015 11:33

Small Company marginal rate impact

The FII can impact the calculation of marginal small company relief, not of course an issue post 1 April unless a change in government results in a change in syncing the main/ small company rates.

F x (U-A) x N/A  (see Whillans)

 

Thanks (0)