# Finance Act 2026, Paragraph 24

Extent: E+W+S+N.I.

In section 479 (trustees’ accumulated or discretionary income to be charged at special rates), after subsection (2) insert—
“(2A) Income tax is charged on the income at the property trust rate so far as the income is property income.
(2B) Income tax is charged on the income at the savings trust rate so far as the income is savings income.”

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Source: https://www.legislation.gov.uk/ukpga/2026/11/schedule/1/paragraph/24 (the official version)
Page: https://openlegislation.uk/finance-act-2026/schedule-1/paragraph-24
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.