904 Annual payments for dividends or non-taxable consideration
Income Tax Act 2007 (2007 c 3) | Legislation

Supplementary

904  Annual payments for dividends or non-taxable consideration

(1)     For the purposes of section 899(5)(f) and 903(2)(b) this section applies to an annual payment which meets the conditions in subsections (2) to (7).

[(2)     The payment must be—

(a)     a payment charged to income tax under Part 5 of ITTOIA 2005 (miscellaneous income), or

(b)     a payment which is—

(i)     required to be brought into account under Part 5 of CTA 2009 (loan relationships) as a non-trading credit, or

(ii)     from a source in the United Kingdom and

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