HMRC Provides Guidance on Registered Societies Interest and Dividend Reporting

HMRC has published statutory guidance for registered societies outlining the requirements for reporting payments of interest, dividends, bonuses and other financial distributions. The guidance provides a template that registered societies must use when submitting details of these payments to HMRC. This ensures compliance with tax reporting obligations and helps registered societies meet their regulatory responsibilities in a standardised format.

Source: HMRC (GOV.UK) – Read the original