Other UK income 18 - Bonus issues of securities and redeemable shares and close company loans written off or released

If you received a bonus issue of securities or redeemable shares, put the amount of distribution in this field.

If you receive a loan or advance from a close company as a participator, and the company releases or writes off the loan or advance, we treat it as your income. Stock dividends, bonus issues of securities and redeemable shares qualify for the dividend allowance, you don't pay tax on the first £2,000 of dividends received.

For more information, go to Tax on dividends.