Taxes Consolidation Act 1997 Schedule 2A paragraph 4A

Declaration to be made by qualifying fund manager or qualifying savings manager

Paragraph 4A of Schedule 2A sets out the requirements for the written declaration that a qualifying fund manager or qualifying savings manager must provide in order to receive a relevant distribution without deduction of dividend withholding tax.

• A qualifying fund manager or qualifying savings manager can receive dividends free of DWT by providing a written declaration to the company making the distribution.
• The declaration must be made and signed by the person beneficially entitled to the distribution, using a Revenue-prescribed form.
• The declaration must confirm that the dividend income will be applied as income of an approved retirement fund, approved minimum retirement fund, or special savings incentive account.
• If the fund manager or savings manager ceases to qualify, the declarer must notify the distributing company in writing.