{
  "url": "https://openlegislation.uk/income-tax-act-2007/section-731",
  "json_url": "https://openlegislation.uk/income-tax-act-2007/section-731.json",
  "legislation": "ukpga/2007/3",
  "legislation_title": "Income Tax Act 2007",
  "legislation_url": "https://openlegislation.uk/income-tax-act-2007",
  "path": "section/731",
  "kind": "section",
  "number": "731",
  "heading": "Charge to tax on income treated as arising under section 732",
  "text": "(1) Income tax is charged on income treated as arising to an individual under section 732 (non-transferors receiving a benefit as a result of relevant transactions).\n(1A) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .\n(1B) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .\n(1C) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .\n(2) Tax is charged under this section on the amount of income treated as arising for the tax year.\n(2A) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .\n(3) The person liable for any tax charged under this section is the individual to whom the income is treated as arising ...\n(4) For exemptions from the charge under this section, see sections 736 to 742 (exemptions where no tax avoidance purpose or genuine commercial transaction , etc).",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Words in s. 731(1) substituted (for the tax year 2025-26 and subsequent tax years) by Finance Act 2025 (c. 8), Sch. 12 paras. 38(2), 70(1)"
    },
    {
      "type": "F",
      "label": "F2",
      "text": "S. 731(1A)-(1C) omitted (for the tax year 2025-26 and subsequent tax years) by virtue of Finance Act 2025 (c. 8), Sch. 12 paras. 38(3), 70(1)"
    },
    {
      "type": "F",
      "label": "F3",
      "text": "S. 731(2A) omitted (for the tax year 2025-26 and subsequent tax years) by virtue of Finance Act 2025 (c. 8), Sch. 12 paras. 38(3), 70(1)"
    },
    {
      "type": "F",
      "label": "F4",
      "text": "Words in s. 731(3) omitted (for the tax year 2025-26 and subsequent tax years) by virtue of Finance Act 2025 (c. 8), Sch. 12 paras. 38(4), 70(1)"
    },
    {
      "type": "F",
      "label": "F5",
      "text": "Word in s. 731(4) substituted (for the tax year 2025-26 and subsequent tax years) by Finance Act 2025 (c. 8), Sch. 12 paras. 38(5), 70(1)"
    },
    {
      "type": "F",
      "label": "F6",
      "text": "Word in s. 731(4) inserted (with effect in accordance with Sch. 10 para. 9(2) of the amending Act) by Finance Act 2013 (c. 29), Sch. 10 para. 5(b)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2007/3/section/731",
    "retrieved_at": "2026-10-29T09:13:03.599581+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."
}