Income Tax (Trading and Other Income) Act 2005 section 568

Special rule for certain income of trustees

Section 568 provided a special rule dealing with certain income received by trustees, but this provision has been removed from the legislation.

• Section 568 formed part of Chapter 12 (sections 555 to 569) of the Income Tax (Trading and Other Income) Act 2005
• The section established a special rule applicable to certain categories of income received by trustees
• The entire Chapter 12, including section 568, was repealed by Finance Act 2013 (Schedule 12, paragraph 13(2))
• The repeal took effect from the 2013–14 tax year onwards, meaning the provision has no application for that year or any subsequent tax year