# Income Tax (Trading and Other Income) Act 2005, Section 404: Person liable


(1) The person liable for any tax charged under this Chapter is the person receiving or entitled to the dividends.
(2) Subsection (1) is subject to—
section 406(4) (later charge where cash dividends retained in SIPs are paid over), and
section 407(4) (dividend payment when dividend shares cease to be subject to SIP).

---
Source: https://www.legislation.gov.uk/ukpga/2005/5/section/404 (the official version)
Page: https://openlegislation.uk/income-tax-trading-and-other-income-act-2005/section-404
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.