683Charge to tax on annual payments not otherwise chargedU.K.
(1)Income tax is charged under this Chapter on annual payments that are not charged to income tax under or as a result of any other provision of this Act or any other Act.
(2)Subsection (1) does not apply to annual payments that would be charged to income tax under or as a result of another provision but for an exemption.
(3)The frequency with which payments are made is ignored in determining whether they are annual payments for the purposes of this Chapter.
(4)For exemptions, see in particular—
(a)sections 727 to 730 (certain annual payments by individuals),
(b)section 731 (periodical payments of personal injury damages),
(c)section 732 (compensation awards),
(d)section 734 (payments from trusts for injured persons),
(e)sections 735 to 743 (health and employment insurance payments),
(f)sections 744 to 747 (payments to adopters),
F1(g). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F2(h). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(i)section 776 (scholarship income).
Textual Amendments
F1S. 683(4)(g) repealed (with effect in accordance with Sch. 39 para. 21(3) of the amending Act) by Finance Act 2012 (c. 14), Sch. 39 para. 21(2)
F2S. 683(4)(h) omitted (with effect in accordance with s. 34(8) of the amending Act) by virtue of Finance Act 2021 (c. 26), s. 34(4)(c)