Paragraph 46 ITTOIA 2005
United Kingdom
In section 535 (gains from life insurance contracts: top slicing relief), in subsection (3)—
(a)
for “BRL”, in both places, substitute “SBRL”, and
(b)
for “the basic rate” substitute “the savings basic rate”.
United Kingdom
In section 535 (gains from life insurance contracts: top slicing relief), in subsection (3)—
for “BRL”, in both places, substitute “SBRL”, and
for “the basic rate” substitute “the savings basic rate”.