Income Tax (Trading and Other Income) Act 2005 section 679A

Income from which sums within section 668(1)(b) are treated as paid

Section 679A sets out the rules for determining which parts of an estate's aggregate income are treated as the source of payments made to beneficiaries under section 668(1)(b), using a series of assumptions applied in a specified order.

Access full legislation.And much more.

By becoming a member, your team gets full access to Tax World research tools and source-backed tax resources.