Part 17Definitions for purposes of Act and final provisions

Definitions for the purposes of Act

1026Meaning of “non-qualifying income” for the purposes of section 1025

For the purposes of section 1025 an amount included in a person's total income is non-qualifying income if it is—

a

income on which income tax is treated as paid under section 399(2) F3... of ITTOIA 2005 (distributions F2to non-UK resident persons,

F4b

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F4c

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d

income on which an individual is liable to income tax as a result of section 465 of ITTOIA 2005 or trustees are so liable as a result of section 467 of that Act (gains from contracts for life insurance etc), being income to which section 530 of that Act applies (income tax treated as paid etc),

e

income which is included in the aggregate income of an estate as a result of section 664(2)(c), (d) or (e) of ITTOIA 2005 (income arising to personal representatives and corresponding to income within paragraph (b), (c) or (d)), F1or

f

income on which income tax is treated as paid under section 685A(3) of ITTOIA 2005 (settlor-interested settlements), F5...

F5g

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