Would any one be able to assist with the in practice application of STC Credits.
In short I would like to know which account to debit and which account to credit account.
Local Dividends were received from a FSP before the effective date of the 1st April 2012.
No Dividends have been paid from this entity to the Shareholder as yet.
We would like to utilise the STC credit available to reduce the amount that is subject to DWT.
Many thanks for any assistance