# Income Tax (Earnings and Pensions) Act 2003, Section 496: No charge on cash dividend retained for reinvestment

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

For the exemption from income tax of amounts retained under paragraph 68(2) of Schedule 2 (amount of cash dividend not reinvested), see section 770 of ITTOIA 2005 (amounts applied by SIP trustees acquiring dividend shares or retained for reinvestment).

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Source: https://www.legislation.gov.uk/ukpga/2003/1/section/496 (the official version)
Page: https://openlegislation.uk/income-tax-earnings-and-pensions-act-2003/section-496
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.