{
  "url": "https://openlegislation.uk/income-tax-trading-and-other-income-act-2005/section-384",
  "json_url": "https://openlegislation.uk/income-tax-trading-and-other-income-act-2005/section-384.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/384",
  "kind": "section",
  "number": "384",
  "heading": "Income charged",
  "text": "(1) Tax is charged under this Chapter on the amount or value of the dividends paid and other distributions made in the tax year.\n(2) Subsection (1) is subject to—\nsection 393(2) and (3) (later charge where cash dividends retained in SIPs are paid over), and\nsection 394(3) (distribution when dividend shares cease to be subject to SIP).\n(3) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "S. 384(3) omitted (with effect in accordance with Sch. 1 para. 73 of the amending Act) by virtue of Finance Act 2016 (c. 24), Sch. 1 para. 5"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2005/5/section/384",
    "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."
}