The correct thing to do is to retrospectively adjust each year’s return.
You file another form 12 for each year with the dividends on.
If these are foreign dividends you might want to check is any tax has been deducted, example US is 30% if you don't have W-ben8 and 15% if you do.Personally, I’d include them in 2019, given the small amount involved.
The correct thing to do is to retrospectively adjust each year’s return.
Was curious about this so I had a look. From some websites (can't post links and can't see it on Revenue website) I think that you pay 4% PRSI on interest, on top of DIRT, if you are a chargeable person. But then you should be completing a form 11 right? So why put it on the form 12 - maybe so it can tell you to fill in a form 11 if your interest is greater than €5,000.Thanks I'll just do that. I assume the process is the same with DIRT? I've never really paid attention to the other incomes section in form 12 previously, and I am now learning that i must also declare DIRT, even though it's taken at source?
My understanding is for schemes run by companies, mostly multinational, Revenue are informed annually of what an employee is receiving by way of shares .Also do you have to declare the number and price of each share purchased in any particular year to revenue on your return, as well as any dividend received ? Is it necessary ? Or do you just keep your own records? Or would they need to know that level of detail in case you sell them down the road ?
Ok. Can I then assume that if you buy the shares yourself that the details of each share bought, number and price must be forwarded to them every year. I didnt think they would have the capacity to store all this data.