Part 5Miscellaneous income
Chapter 5Settlements: amounts treated as income of settlor F1or family
Annotations:
Amendments (Textual)
Income charged and person liable
621Income charged
Tax is charged under this Chapter on all F3income, capital sums and benefits to which section 619(1) applies.
622Person liable
The person liable for any tax charged under this Chapter is the settlor F2, but this is subject to sections 643A and 643I to 643M.
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)