Paragraph 6

(1)

This paragraph applies where any tax becomes chargeable on, and is paid by, a person in respect of gains treated as accruing to him in a year under section 86(4).

(2)

The person shall be entitled to recover the amount of the tax from any person who is a trustee of the settlement.

(3)

For the purposes of recovering that amount, the person shall also be entitled to require an inspector to give him a certificate specifying—

(a)

the amount of the gains concerned, F1...

(b)

the amount of tax paid F2, and

(c)

the tax year in which gains were treated as accruing under section 86(4),

and any such certificate shall be conclusive evidence of the facts stated in it.

Annotations

Textual amendments

F1: Word in Sch. 5 para. 6(3) omitted (for the tax year 2025-26 and subsequent tax years) by virtue of Finance Act 2025 (c. 8), Sch. 12 paras. 69(5)(a), 70(1)
F2: Sch. 5 para. 6(3)(c) and word inserted (for the tax year 2025-26 and subsequent tax years) by Finance Act 2025 (c. 8), Sch. 12 paras. 69(5)(b), 70(1)