{
  "url": "https://openlegislation.uk/finance-act-2016/schedule-1/paragraph-23",
  "json_url": "https://openlegislation.uk/finance-act-2016/schedule-1/paragraph-23.json",
  "legislation": "ukpga/2016/24",
  "legislation_title": "Finance Act 2016",
  "legislation_url": "https://openlegislation.uk/finance-act-2016",
  "path": "schedule/1/paragraph/23",
  "kind": "paragraph",
  "number": "23",
  "heading": null,
  "text": "In section 670 (applicable rate for purposes of Step 2 in section 665(1)), after subsection (4) insert—\n“(4A) The aggregate income of the estate, so far as it consists of income within section 664(2)(c) or (d), is treated for the purposes of this section as bearing income tax at 0%.”",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2016/24/schedule/1/paragraph/23",
    "retrieved_at": "2026-10-29T09:06:05.350093+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}