How to tell us you want to pay a dividend
What and when to tell us - explained
Declaring a dividend is a two-minute process from your side. We handle everything else.
What to tell us
Contact us with the amount you want to receive, and the date you want to pay it. That is all we need. We check your retained earnings to confirm the dividend is lawful, prepare the board minutes and dividend voucher, post the journal entry in Xero, and update your records for Self Assessment return purposes.
Timing tips
Dividends paid before 5 April fall in the current tax year. Dividends paid after 5 April fall in the next tax year. If you are approaching the higher rate threshold and want to manage your dividend tax, tell us before 5 April so we can time payments correctly.
💡 Good to know: We include all dividends in your annual Self Assessment return. Keep a record of the payment dates and amounts for your own reference, and check that each payment from the company bank account is matched to a dividend journal in Xero.
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Phone: 020 3897 2233
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