Electronic dividend and interest certificates
New regulations come into force on 1 September 2009 which will allow for certain tax information provided by companies to be delivered by electronic means.
The main issues addressed by the regulations are as follows:
- New rules to allow companies to send dividend vouchers and tax deduction certificates by electronic means.
- The new rules will apply when a payment of dividend or interest is made into a bank account or building society account by a company.
As this is a minor change there are no plans to consolidate the relevant legislation.