404Person liableU.K.
This section has no associated Explanatory Notes
(1)The person liable for any tax charged under this Chapter is the person receiving or entitled to the dividends.
(2)Subsection (1) is subject to—
section 406(4) (later charge where cash dividends retained in SIPs are paid over), and
section 407(4) (dividend payment when dividend shares cease to be subject to SIP).