Part 4Savings and investment income
Chapter 3Dividends etc. from UK resident companies F5and tax F2treated as paid in respect of certain distributions
Words in Pt. 4 Ch. 3 heading substituted (with effect in accordance with Sch. 1 para. 73 of the amending Act) by Finance Act 2016 (c. 24), Sch. 1 para. 3
Introduction
382Contents of Chapter
1
This Chapter—
a
imposes a charge to income tax on dividends and other distributions of UK resident companies (see section 383),
b
treats dividends as paid in some circumstances (see sections 386 to 391), F4...
c
d
treats distributions as made in some circumstances (see section 396A).
2
3
For exemptions from the charge under this Chapter, see in particular—
Chapter 3 of Part 6 (income from individual investment plans),
Chapter 5 of that Part (venture capital trust dividends),
section 770 (amounts applied by SIP trustees acquiring dividend shares or retained for reinvestment), and
section 498 of ITEPA 2003 (no charge on shares ceasing to be subject to SIP in certain circumstances).
4
In this Chapter “dividends” does not include income treated as arising under section 410 (stock dividends).
Words in Pt. 4 Ch. 3 heading substituted (with effect in accordance with s. 34(2) of the amending Act) by Finance Act 2008 (c. 9), Sch. 12 para. 2