Part 5

Miscellaneous income
Chapter 5

Settlements: amounts treated as income of settlor or family

Charge to tax under Chapter 5

Income treated as highest part of settlor's total income
619A
1
This section applies to income which is treated as income of a settlor as a result of section 624 (income where settlor retains an interest) or 629 (income paid to unmarried minor children of settlor).
2
The income is treated as the highest part of the settlor's total income for the purposes of section 619 (so far as it relates to the income).
3
See section 1012 of ITA 2007 (relationship between highest part rules) for the relationship between—
a
the rule in subsection (2), and
b
other rules requiring particular income to be treated as the highest part of a person's total income.
S. 619A inserted (6.4.2007 with effect as stated in s. 1034(1) of the amending Act) by Income Tax Act 2007 (c. 3), ss. 1027, 1034, Sch. 1 para. 551 (with transitional provisions and savings in Sch. 2)
Words in Pt. 5 Ch. 5 heading inserted (with effect in accordance with Sch. 10 para. 21 of the amending Act) by Finance Act 2018 (c. 3), Sch. 10 para. 3(2)