(1)This Part imposes charges to income tax under—
(a)Chapter 2 (interest),
[F1(aa)Chapter 2A (disguised interest),]
(b)Chapter 3 (dividends etc. from UK resident companies etc.),
(c)Chapter 4 (dividends from non-UK resident companies),
(d)Chapter 5 (stock dividends from UK resident companies),
(e)Chapter 6 (release of loan to participator in close company),
(f)Chapter 7 (purchased life annuity payments),
(g)Chapter 8 (profits from deeply discounted securities),
(h)Chapter 9 (gains from contracts for life insurance etc.),
F2(i). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(j)Chapter 11 (transactions in deposits),
F3(k). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(l)Chapter 13 (sales of foreign dividend coupons).
(2)Part 6 deals with exemptions from the charges under this Part.
(3)See, in particular, any exemptions mentioned in the particular Chapters.
(4)The charges under this Part apply to non-UK residents as well as UK residents but this is subject to section 368(2) (charges on non-UK residents only on UK source income).
(5)This section needs to be read with the relevant priority rules (see sections 2 and 366).
Textual Amendments
F1S. 365(1)(aa) inserted (with effect in accordance with Sch. 12 para. 18(1) of the amending Act) by Finance Act 2013 (c. 29), Sch. 12 para. 2(a)
F2S. 365(1)(i) omitted (6.4.2014) by virtue of The Unauthorised Unit Trusts (Tax) Regulations 2013 (S.I. 2013/2819), regs. 1(3), 36(2) (with reg. 32)
F3S. 365(1)(k) omitted (with effect in accordance with Sch. 12 para. 18(1) of the amending Act) by virtue of Finance Act 2013 (c. 29), Sch. 12 para. 2(b)
Modifications etc. (not altering text)
C1Ss. 353-368 modified (7.4.2005) by Finance Act 2005 (c. 7), s. 51(2)