# Income Tax Act 2007, Paragraph 559


In section 640(1) and (3)(a) (settlements: amounts treated as income of settlor: grossing-up of deemed income) for “rate applicable to trusts” substitute “ trust rate ”.

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Source: https://www.legislation.gov.uk/ukpga/2007/3/schedule/1/paragraph/559 (the official version)
Page: https://openlegislation.uk/income-tax-act-2007/schedule-1/paragraph-559
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.