Imported dividend shows effective date of 1/1/1990 with an amount of £0.00
Article ID
ias-12105
Article Name
Imported dividend shows effective date of 1/1/1990 with an amount of £0.00
Created Date
13th October 2015
Product
IRIS Personal Tax
Problem
The dividends have been entered into IRIS using the Import option however, the effective date is showing as 1/1/1990 and the amount is showing as £0.00
Resolution
This scenario occurs if the company in question had declared dividends but then makes the decision not to pay the dividend.
When this occurs the data includes details of the scheduled payment(s) with an effective date of 1.1.1900 and the scheduled payment date with the amount as £0.00 so that you are aware that the company in question decided not to pay the dividends”
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