{
  "url": "https://openlegislation.uk/income-tax-trading-and-other-income-act-2005/section-403",
  "json_url": "https://openlegislation.uk/income-tax-trading-and-other-income-act-2005/section-403.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/403",
  "kind": "section",
  "number": "403",
  "heading": "Income charged",
  "text": "(1) Tax is charged under this Chapter on the ... amount of the dividends arising in the tax year.\n(2) Subsection (1) is subject to—\nsection 406(2) and (3) (later charge where cash dividends retained in SIPs are paid over),\nsection 407(3) (dividend payment when dividend shares cease to be subject to SIP), and\nPart 8 (foreign income: special rules).",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Word in s. 403(1) omitted (with effect in accordance with s. 34(2) of the amending Act) by virtue of Finance Act 2008 (c. 9), Sch. 12 para. 18"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2005/5/section/403",
    "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."
}