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Expert Lu
Expert Lu, Business Consultant
Category: Tax
Satisfied Customers: 232
Experience:  ACCA Diploma
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How do i declare an interim dividend, no, not yet, No

Customer Question

How do i declare an interim dividend
JA: Have you talked to a tax professional about this?
Customer: no , not yet
JA: Is there anything else the Accountant should know before I connect you? Rest assured that they'll be able to help you.
Customer: No
Submitted: 19 days ago.
Category: Tax
Expert:  Expert Lu replied 19 days ago.
Hello
I am an expert with JustAnswer and I am happy to assist you.I am currently reviewing your question and I will get back to you.
Thank you in advance
Customer: replied 19 days ago.
Thank you, ***** ***** me know if you have questions
Expert:  Expert Lu replied 19 days ago.

Noted thank you , I am working on your answer and I will  get back to you soon. Thank you

Expert:  Expert Lu replied 19 days ago.

Hello

Thank you for your patience,  due to the high  volume of questions  today please accept my apology for taking time to respond back to you .

To pay a dividend, you must:

hold a directors’ meeting to ‘declare’ the dividend

keep minutes of the meeting, even if you’re the only director

Dividend paperwork

For each dividend payment the company makes, you must write up a dividend voucher showing the:

date

company name

names of the shareholders being paid a dividend

amount of the dividend

You must give a copy of the voucher to recipients of the dividend and keep a copy for your company’s records.

I hope this answers your question.

All the best

Expert Lu