This is in addition to the usual requirement to report your salary, benefits and dividends. The aim is to give HMRC clearer information about:  • which companies you are involved with;  • how much of each company you own; and  • how much dividend income you receive from each company. 

What information will HMRC require?  For every close company of which you are a director, your self assessment tax return will need to show the following:  • the company’s full name (as registered at Companies House);  • the company registration number.  • the percentage of the company’s share capital that you own or beneficially own. This can include shares held in your name and shares held on your behalf by someone else or via a trust.  • the total amount of dividends you received from that company during the tax year (6 April to 5 April).  In practice, there will be an “employment” entry for your role as director in that close company, even if you draw only a small salary or no salary at all, and a clear link to the dividends you receive from that company.