For the 2021-22 tax year, for the first time, I have some foreign dividend income.
I have to do a tax return and I'm an additional rate taxpayer.
I haven't tried to calculate the GBP effect yet but the _total_ income is circa 50 USD - four payments of around 12USD which were reinvested.
Is there any trivial amount/allowance that avoids me having to put this on my tax return or can I put in an estimate (say 50GBP) in the whitespace (or somewhere else) and avoid having to do this properly, lookup exchange rates etc and fill in the foreign pages?
I haven't yet got my p11d but without that (new job in 2021-22, previous job benefits were payrolled, so I don't have a good feel for what it's going to be) I'm owed around 400GBP by HMRC. I'm interested in saving effort, not money for this (and if it's all too much effort it seems like a good reason to sell or give away the shares before I get any dividends in 2022-23)
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