{
  "url": "https://openlegislation.uk/income-tax-trading-and-other-income-act-2005/section-845I",
  "json_url": "https://openlegislation.uk/income-tax-trading-and-other-income-act-2005/section-845I.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/845I",
  "kind": "section",
  "number": "845I",
  "heading": "Disqualified income",
  "text": "Income is disqualified income if—\n(a) it is income of a settlement (within the meaning of Chapter 5 of Part 5) arising in the tax year 2024-25 or an earlier tax year that is treated as arising in tax year 2025-26 or a later year as a result of section 648(3) to (5),\n(b) it is income arising from a security treated as situated in the United Kingdom as a result of section 138ZB of TCGA 1992 (share exchanges involving non-UK incorporated close companies),\n(c) it is income chargeable to income tax as a result of section 809AZB of ITA 2007 (transferred income streams),\n(d) it is performance income (see section 845J),\n(e) it is income from a pension to which section 629 of ITEPA 2003 applies (pre-1973 pensions paid under the Overseas Pensions Act 1973), or\n(f) it is a payment made to or in respect of—\n(i) a relieved member of a relevant non-UK scheme (within the meaning of Schedule 34 to FA 2004), or\n(ii) a transfer member of such a scheme,\nto which the member payment provisions (within the meaning of that Schedule) apply.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Pt. 8 Ch. 5 inserted (for the tax year 2025-26 and subsequent tax years) by Finance Act 2025 (c. 8), s. 37(1)(4)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2005/5/section/845I",
    "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."
}