http://www.legislation.gov.uk/ukpga/2005/5/section/656/enactedIncome Tax (Trading and Other Income) Act 2005IncomeKing's Printer of Acts of Parliament2021-08-04 Part 5Miscellaneous incomeChapter 6Beneficiaries' income from estates in administrationIncome charged and person liableIncome charged: UK estates 656 1 In the case of a UK estate, tax is charged under section 649 on the amount of estate income treated as arising in the tax year. 2 That amount is the basic amount of that income for the tax year (see subsection (4)) grossed up by reference to the applicable rate for that year (see section 663). 3 The gross amount is treated as having borne income tax at that rate. 4 In this Chapter “the basic amount”, in relation to estate income, has the meaning given by— a section 660 (basic amount of estate income: absolute interests), b section 661 (basic amount of estate income: limited interests), c section 662 (basic amount of estate income: discretionary interests), and d section 675 (basic amount of estate income: successive limited interests).