FOI - Treasury Dividend Tax Credit Removal documents

Basically, yes.

Not really, as it represents your share of the corporation tax the company paid.

I have trouble understanding what occurred as far as pensions go. What tax treatment did dividends get before ACT ?

Thanks

Daytona

Dividends came with a tax voucher, certifying that tax had been deducted at the standard rate. The company paying the dividend had to account for it to the IR. They were declared gross.

Anyone or any body (like a pension fund) who had no liability to pay income tax could reclaim the tax deducted.