Explanatory Notes

Income Tax Act 2007

2007 CHAPTER 3

20 March 2007

Commentary on Sections

Part 14: Income tax liability: miscellaneous rules

Overview

Chapter 1: Limits on liability to income tax of non‑UK residents
Overview
Section 826: Meaning of “disregarded annual payments”

2445.This section defines the term “disregarded annual payments” which is principally used in sections 813 and 816. It is based on the corresponding parts of section 128(3)(a) of FA 1995 and section 151(2)(a) of FA 2003 other than those on which section 825 is based.