Income Tax (Trading and Other Income) Act 2005 section 95

Disposals of futures and options involving guaranteed returns: rates of tax for pension trustees

Section 95 previously dealt with the rates of tax applicable to pension trustees on disposals of futures and options involving guaranteed returns, but has been repealed.

• This provision originally addressed the tax treatment of pension trustees disposing of futures and options with guaranteed returns.
• The entire section has been repealed and is no longer in force.
• The repeal was made by Finance Act 2013, Schedule 12, paragraph 13(5).
• Pension trustees disposing of futures and options involving guaranteed returns must now look to other applicable provisions for the relevant tax treatment.