Income Tax Act 2007 (c. 3)

Part 13 U.K. Tax avoidance

[F1 Chapter 5A U.K. Transfers of income streams

Textual Amendments

F1 Pt. 13 Ch. 5A inserted (with effect in accordance with Sch. 25 para. 10 of the amending Act) by Finance Act 2009 (c. 10), Sch. 25 para. 7

809AZD Exception: certain annuities U.K.

This Chapter does not apply to a transfer of a right to—

(a) annual payments under a life annuity as defined in section 473(2) of ITTOIA 2005, or

(b) annual payments under an annuity which is pension income within the meaning of Part 9 of ITEPA 2003 (see section 566(2) of that Act).]