# Income Tax (Trading and Other Income) Act 2005, Section 686: Payments received after deduction of tax

Extent: E+W+S+N.I.

(1) In accordance with section 848 of ITA 2007, a sum representing income tax deducted under Chapter 6 of Part 15 of that Act from an annual payment within this Chapter is treated as income tax paid by the recipient . . .
(2) See also section 494(3) of ITA 2007(sum treated as deducted from payments made under a discretionary trust treated as income tax paid by the person to whom the payment is made or the settlor).

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Source: https://www.legislation.gov.uk/ukpga/2005/5/section/686 (the official version)
Page: https://openlegislation.uk/income-tax-trading-and-other-income-act-2005/section-686
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.