Dividend information
Statement Purpose
This statement provides for the input of information in relation to dividends received for the financial year. The amounts entered here will be adjusted for tax purposes in other statements within the calculation as required.
Data Flow
Information can be imported into this schedule via an upload of data from an internal reporting system report extract detailing dividend information (on a receipts basis) for tax purposes. This is uploaded via the Dividend received information import type, or the same information can be manually input.
Where information is imported from the internal reporting system, it is assumed that amounts labeled as tax deferred components are not deducted from the unfranked dividend component. A formula in the unfranked dividend column deducts the tax deferred component so that this amount is not double counted.
The totals from this statement link into the
Dividend reconciliation
statement.Explanation of Fields
Foreign dividend amounts should be entered gross of any foreign income tax offset deducted. Franked dividend amounts should be entered net of the attached franking credit.
Signage
All data is to be entered as positive amounts, unless there are reallocations to other columns, which should be entered to the column being reduced as a negative amount.