http://www.legislation.gov.uk/uksi/1989/2339/contents/made

The Income Tax (Reduced and Composite Rate) Order 1989

Income tax

Building societies

King's Printer of Acts of Parliament

2014-08-12

INCOME TAX

By virtue of the Income Tax (Building Societies) Regulations 1986 (S.I. 1986/482, amended by S.I. 1987/844, 1988/1011 and 1989/36) a building society is required to pay to the Inland Revenue in respect of payments of dividends and interest an amount representing income tax on certain sums calculated in part at the basic rate and in part at “the reduced rate”.