TSEM5440 - Trusts for particular purposes: employment-related trusts: Share Incentive Plans - payments to employees
»Ê¹ÚÌåÓýapp trustees should pay any dividends received from the company into the plan’s bank account. »Ê¹ÚÌåÓýappy should either pay these to the employees to whom shares have been appropriated or reinvest the cash dividends to acquire more shares for the employees (‘dividend sharesâ€�). »Ê¹ÚÌåÓýappy should provide the employee with a form R185 (Trust Income) covering the tax year. »Ê¹ÚÌåÓýapp trustee should complete the section headed ‘Income entitlement under a trustâ€�.