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.
- AI tax research with linked legislation and Finance Act changes
- Commentary, official guidance, publications and training material
- Case law, appeals and tribunal decisions in one place
Income Tax (Trading and Other Income) Act 2005 section 681
Transfers of assets etc. treated as payments
Section 681 explains how transfers of assets, appropriations of assets by personal representatives, and the set-off or release of debts are treated as payments for the purposes of taxing estate income.
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.