Late filing of Dividend income - penalties?

C

Cudjie23

New Member
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Hi all,

I received about €500 of dividend income from a UK listed company in 2020 which I forgot to declare. Firstly, should I still declare it at this stage? And does anyone know what penalties might apply given the lateness of it?
 
If you have already filed a Form 11 or Form 12, simply have it amended. All things being equal, imposition of penalties is highly unlikely.
 
Yes I did do the Income Tax return on ROS already, so I guess it’s a matter then of just updating/amending that?
 
Cudjie23 said:
Yes I did do the Income Tax return on ROS already, so I guess it’s a matter then of just updating/amending that?
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Yes. You should be able to amend it on ROS. Basically follow the same steps as if you were filing an original return. There are a few boxes to tick on the first page of the return and you'll obviously need to enter the dividend income and rerun the self-assessment procedure but if you miss anything the program will highlight the omitted items so it's hard to go wrong.
 
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