Overview
1446.This Part contains the rules relating to savings and investment income. It consists of income that is charged under Schedule D Cases III, IV, V and VI; Schedule F and non-schedular charges in the source legislation.
1447.There is a separate Chapter for each category of income arranged as follows:
interest (Chapter 2);
dividends and other distributions from UK resident companies (Chapter 3);
dividends from non-UK resident companies (Chapter 4);
stock dividends from UK resident companies (Chapter 5);
release of loan to participator in close company (Chapter 6);
purchased life annuity payments (Chapter 7);
profits from deeply discounted securities (Chapter 8);
gains from contracts for life insurance etc. (Chapter 9);
distributions from unauthorised unit trusts (Chapter 10);
transactions in deposits (Chapter 11);
disposals of futures and options involving guaranteed returns (Chapter 12); and
sales of foreign dividend coupons (Chapter 13).
