How to account for Dividends in a Tax Free account e.g. Pension Plan

Nick Winton's Avatar

Nick Winton

20 Sep, 2016 04:19 PM

I have dividend income to record in my pension account.
As the account is outside the tax system I need to record the dividend as income which is not taxable.
I tried using the pensions account as the category but it doesn't show.
What is the best way to record income so that it doesn't show up when I do my reports for my tax return?

  1. 1 Posted by dwg on 20 Sep, 2016 09:38 PM

    dwg's Avatar

    The best way I would think is to set up a new category called say; Dividend - Not Taxable, and use this to record your Tax free Dividend.

  2. System closed this discussion on 20 Dec, 2016 09:40 PM.

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