Part 5Miscellaneous income
Chapter 5Settlements: amounts treated as income of settlor
Charge to tax under Chapter 5
619AF1Income treated as highest part of settlor's total income
1
This section applies to income which is treated as income of a settlor as a result of section 624 (income where settlor retains an interest) or 629 (income paid to unmarried minor children of settlor).
2
The income is treated as the highest part of the settlor's total income for the purposes of section 619 (so far as it relates to the income).
3
See section 1012 of ITA 2007 (relationship between highest part rules) for the relationship between—
a
the rule in subsection (2), and
b
other rules requiring particular income to be treated as the highest part of a person's total income.