Where to declare dividends under £1000 on foreign-held stock

Dear HMRC, I have a stock plan account in the United States. The dividends from the stock are paid directly into a cash reserves section held within the account, not to any of my UK Bank accounts. My 1042-S form for 2023 indicates that my Gross Income amounted to less than £1000 and there is also a small amount of Federal Tax Withheld (under £100 worth). Please can you confirm whether I need to complete the Foreign Section of my self assessment return for this declaration, or do I instead enter the amount of Gross Income on the Dividends page under ‘Foreign Dividends’, and the amount for Federal Tax Withheld under ‘Tax taken off Foreign Income’? Thank you for your help.

Hi,
You do have to declare the dividend.  If you want to claim a tax credit for the US tax paid, you need to include the dividend in the foreign section of the tax return, so that you can claim the credit.
Thank you.

Dear @HMRCAdmin18Response I have started to fill out the foreign section of my return as suggested, however in Help about: Foreign Income 04 - Dividends from foreign companies, it says: Do not include: • stock dividends from foreign companies or bonus shares from a stock dividend issue made by a foreign company What I am receiving are stock dividends into the cash reserves on the US stock plan account - please can you clarify your response further, as this instruction appears to contradict what you suggested? Many thanks

With reference to my second query, on the Foreign income details page should I be checking only the Capital gains - foreign tax credit relief and Special Withholding Tax section (in order to claim foreign tax credit relief) and NOT any other section on the page?

Hi,
The guidance notes for SA106 (Foreign notes (2023-24)), advises that for stock dividends amongst others, "There are specific rules about dividends from offshore funds.
If the fund has more than 60% invested in interest bearing assets, any distribution that you receive, or that is reported to you is treated as interest received.
You need to put this under ‘Interest and other income from overseas savings’".
Thank you.

Hi,
The foreign tax credit relief box is used to declare the amount of relief due on all foreign taxes paid, whether arising income tax or capital gains tax, or both.  
In each relevant section you declare the counrtries involved, the gross income and the tax deducted.
Thank you.