Part 23Company distributions

Chapter 6Information and returns: further provisions

Companies and nominees required to provide tax certificates

1104Company distributing dividend or interest: duty to provide tax certificates

(1)

This section applies if a distribution consisting of any dividend or interest is made by a company which is—

(a)

a company as defined in section 1(1) of the Companies Act 2006, or

(b)

a company created by letters patent or by or in pursuance of an Act.

(2)

If the company makes a payment of dividend or interest into a bank or building society account held by any person the company must, within a reasonable period, send a tax certificate (see section 1106) to either—

(a)

the bank or building society, or

(b)

the person holding the account.

(3)

If the company makes a payment of dividend or interest to a person without paying it into a bank or building society account, the company must, within a reasonable period, send a tax certificate to that person.