Interest & Dividends on tax form.

Nomoss
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Re: Interest & Dividends on tax form.

Post by Nomoss » Wed May 16, 2018 5:19 pm

I just revised my declarations, and, when I printed them out, noticed that the amount entered in box 251 on the 2047 (Deductible expenses) has been transferred to box 2BH instead of box 2CA on the 2042.

I am awaiting a response to a previous question via their message system since May 7th, and don't want to complicate things, so I have not queried this.

In any case, I expect someone else will have told them by now (unles they all think that :) )

elsie
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Re: Interest & Dividends on tax form.

Post by elsie » Wed May 16, 2018 5:36 pm

Veem wrote:
Wed May 16, 2018 4:22 pm
elsie wrote:
Wed May 16, 2018 1:42 pm
You can download form 2047 https://www.impots.gouv.fr/portail/file ... 7_2291.pdf and the associated notes https://www.impots.gouv.fr/portail/file ... 7_2292.pdf

Online you need to complete 2047 first as some data is reported back to 2042 (if you put figures on 2042 first anything on 2047 will be added to the 2042 figure so you could be doubling up data)

The dividends go in the section starting 200 on 2047.
201 country (Royaume Uni)
203 net total of dividends received
204 17.7% (from p7 of 2047 notes)
205 figure in 213 times 0.177
206 zero (since no tax paid for dividends totalling less than £2000?)
207 will be updated automatically online to the smaller of 205 and 206
209 will be calculated automatically and that figure will be transferred back to 2042 line 2DC.
Fourth line from the bottom, did you mean

'205 figure in 203 times 0.177?

If others on here are anything like me, by now their brain has turned to mush and I would search for 213 scrupulously having been told to!!

I think your advice agrees with what I received by email from the advisor:

Line 201, country of origin, then line 203 amount of dividends, line 204 you put 17.7, then you multiply the amount of dividend by 17.7% and write the result in line 205 and 207, then you enter the dividends amount on line 209, which is also 2DC , then you transfer the amount on line 2DC on the 2042 and the 17.7 result on line 8VL on the 2042.

She has also told me to declare the ISA in 2TR on 2047 and 2042
Yes, sorry 205 figure in 203 times 0.177

elsie
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Re: Interest & Dividends on tax form.

Post by elsie » Wed May 16, 2018 5:39 pm

Linda123 wrote:
Wed May 16, 2018 4:42 pm
Ten minutes of sheer hysteria and then I realised the screen was telling me enter my bank account details and sign it Checked the figures and they look right so it's gone.
And if you decide to review it later you can easily do so without any problems.

Linda123
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Re: Interest & Dividends on tax form.

Post by Linda123 » Wed May 16, 2018 6:26 pm

Apparently so but am having a rest from it at the moment. :)

Veem
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Re: Interest & Dividends on tax form.

Post by Veem » Wed May 16, 2018 6:38 pm

I would be grateful to learn from anyone else with an ISA just what exactly you enter on the forms. My statements only show what the ISA is worth now, not what value it has gained (though I could clearly calculate this from the previous statements). Presumably the value can also go down (as it did in 2008) so does the tax office then give me something back? I doubt it .......... but one can always hope If I suddenly begin declaring the ISA after 13 years of submitting tax forms, shall I be sent to prison for previous lack of declarations? I honestly hadn't realised I should declare it. :oops:

suein56
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Re: Interest & Dividends on tax form.

Post by suein56 » Wed May 16, 2018 7:10 pm

Veem wrote : I honestly hadn't realised I should declare it.

But if you haven't taken any income from your isa then you have no income to declare.
As long as you are putting it on your 3916 form as an account open/used in the uk.
Computing can bring you closer to others - mentally if not physically

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