{
  "url": "https://openlegislation.uk/income-tax-trading-and-other-income-act-2005/section-365",
  "json_url": "https://openlegislation.uk/income-tax-trading-and-other-income-act-2005/section-365.json",
  "legislation": "ukpga/2005/5",
  "legislation_title": "Income Tax (Trading and Other Income) Act 2005",
  "legislation_url": "https://openlegislation.uk/income-tax-trading-and-other-income-act-2005",
  "path": "section/365",
  "kind": "section",
  "number": "365",
  "heading": "Overview of Part 4",
  "text": "(1) This Part imposes charges to income tax under—\n(a) Chapter 2 (interest),\n(aa) Chapter 2A (disguised interest),\n(b) Chapter 3 (dividends etc. from UK resident companies etc.),\n(c) Chapter 4 (dividends from non-UK resident companies),\n(d) Chapter 5 (stock dividends from UK resident companies),\n(e) Chapter 6 (release of loan to participator in close company),\n(f) Chapter 7 (purchased life annuity payments),\n(g) Chapter 8 (profits from deeply discounted securities),\n(h) Chapter 9 (gains from contracts for life insurance etc.),\n(i) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .\n(j) Chapter 11 (transactions in deposits),\n(k) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .\n(l) Chapter 13 (sales of foreign dividend coupons).\n(2) Part 6 deals with exemptions from the charges under this Part.\n(3) See, in particular, any exemptions mentioned in the particular Chapters.\n(4) The charges under this Part apply to non-UK residents as well as UK residents but this is subject to section 368(2) (charges on non-UK residents only on UK source income).\n(5) This section needs to be read with the relevant priority rules (see sections 2 and 366).",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "S. 365(1)(aa) inserted (with effect in accordance with Sch. 12 para. 18(1) of the amending Act) by Finance Act 2013 (c. 29), Sch. 12 para. 2(a)"
    },
    {
      "type": "F",
      "label": "F2",
      "text": "S. 365(1)(i) omitted (6.4.2014) by virtue of The Unauthorised Unit Trusts (Tax) Regulations 2013 (S.I. 2013/2819), regs. 1(3), 36(2) (with reg. 32)"
    },
    {
      "type": "F",
      "label": "F3",
      "text": "S. 365(1)(k) omitted (with effect in accordance with Sch. 12 para. 18(1) of the amending Act) by virtue of Finance Act 2013 (c. 29), Sch. 12 para. 2(b)"
    },
    {
      "type": "C",
      "label": "C1",
      "text": "Ss. 353-368 modified (7.4.2005) by Finance Act 2005 (c. 7), s. 51(2)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2005/5/section/365",
    "retrieved_at": "2026-10-29T09:16:32.370392+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."
}