SCHEDULES

SCHEDULE 16 U.K.Part 2: minor and consequential amendments

PART 3 U.K.Amendments of other Acts

Income Tax (Trading and Other Income) Act 2005 U.K.

131 U.K.In paragraph 118(2) of Schedule 2 (pre-1 January 2005 contracts for immediate needs annuities: income tax treated as paid), for the words from “means” to the end substitute “ means the application of section 57(2)(d) of FA 2012 ”.