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Free dividend voucher maker

Make a dividend voucher for each shareholder, and the board minute to go with it. Save them as a PDF or print them. It works in your browser, and nothing you type leaves your device.

Skip to your vouchers ↓

Company
The director who signs the vouchers and the minute.
Dividend
Work it out from
For a final dividend, the date declared is the day the shareholders approve it.
Shareholders
Each shareholder of this class gets the same amount per share and their own voucher.
Board minute

Your vouchers

In the print window, choose Save as PDF as the printer to download it. Each voucher prints on its own page.

Turn on JavaScript to use the voucher maker.

What a dividend voucher is

A dividend voucher is the record of one dividend paid to one shareholder. It shows the company, the shareholder, how many shares they hold, the amount per share, the date it was paid and the total they received. The shareholder keeps it as their record for their tax return, and the company keeps a copy with its books.

GOV.UK says that for each dividend payment, the company must write up a voucher, give a copy to the shareholder and keep a copy. That's true even if you're the only director and the only shareholder. See taking money out of a limited company.

Dividends can only come from profit. A company can only pay a dividend if it has enough retained profit to cover it. That's broadly its profits after tax from this year and earlier years, less any losses and dividends already paid. Check before you pay. A dividend paid without enough profit can be unlawful, and the shareholder may have to pay it back.

The board minute

Before the company pays a dividend, the directors hold a meeting to declare it, and keep minutes, even if there is only one director. An interim dividend is usually declared by the directors. A final dividend is usually recommended by the directors and approved by the shareholders. Your company's articles of association set the rules, so check them. The minute this tool writes is a simple starting point.

No tax credit

Older vouchers showed a "tax credit". It was abolished from 6 April 2016, so a voucher for a dividend paid now shouldn't show one. This tool doesn't.

This tool helps you lay out vouchers and minutes. It isn't legal or tax advice. Shareholders may owe Income Tax on dividends over the dividend allowance. Rates and the allowance can change, so check tax on dividends on GOV.UK.

Questions

Dividend voucher questions

Do I need a dividend voucher if I'm the only shareholder?

Yes. GOV.UK says the company must write up a voucher for each dividend payment, give a copy to the shareholder and keep a copy. That applies even if the shareholder is you.

Why is there no tax credit on the voucher?

The 10% dividend tax credit was abolished from 6 April 2016. Vouchers for dividends paid since then shouldn't show one.

Can I pay dividends if the company made a loss this year?

Only if there are enough profits from earlier years, after taking off this year's loss. A company can only pay dividends out of profits available for distribution.

Do I pay tax on dividends?

The company doesn't pay tax on the dividend it pays. Shareholders may have to pay Income Tax on dividends above the dividend allowance. The allowance and rates can change, so check GOV.UK.

Paying dividends regularly? Munshian Ledger records each dividend in your books and makes a voucher for every shareholder. It's free. Start free

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