482 Types of amount to be charged at special rates for trustees
Income Tax Act 2007 (2007 c 3) | Legislation

482  Types of amount to be charged at special rates for trustees

The types of amount referred to in section 481 are as follows.

Type 1

A payment—

(a)     which is made to the trustees or to which the trustees are entitled, and

(b)     which is made [by way of . . . distribution] by a company on the redemption, repayment or purchase of shares in the company or on the purchase of rights to acquire such shares.

Type 2

Accrued income profits treated

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