Section 680B Income treated as savings incomeF1
(1)
This section applies to estate income relating to a person’s interest in the residue of an estate so far as that interest relates to income that—
(a)
falls within section 664(2)(a) (income of personal representatives charged to UK income tax), and
(b)
is savings income (see section 18 of ITA 2007).
(2)
The income is treated as being savings income.
Annotations
Textual amendments
- F1
S. 680B inserted (6.4.2023 in relation to the tax year 2023-24 and subsequent tax years) by Finance (No. 2) Act 2023 (c. 30), Sch. 2 paras. 4(3), 14(2)(a)