{
  "url": "https://openlegislation.uk/income-tax-trading-and-other-income-act-2005/section-385",
  "json_url": "https://openlegislation.uk/income-tax-trading-and-other-income-act-2005/section-385.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/385",
  "kind": "section",
  "number": "385",
  "heading": "Person liable",
  "text": "(1) The person liable for any tax charged under this Chapter is—\n(a) the person to whom the distribution is made or is treated as made (see Part 6 of ICTA and sections 386(3) , 389(3) and 396A ), or\n(b) the person receiving or entitled to the distribution.\n(2) Subsection (1) is subject to—\nsection 393(4) (later charge where cash dividends retained in SIPs are paid over), and\nsection 394(4) (distribution when dividend shares cease to be subject to SIP).",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Words in s. 385(1)(a) substituted (with effect in accordance with s. 19(10) of the amending Act) by Finance Act 2015 (c. 11), s. 19(4)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2005/5/section/385",
    "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."
}