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Legislation

Income Tax (Trading and Other Income) Act 2005

Chapter 7 Purchased life annuity payments

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Section 422 Charge to tax on purchased life annuity payments
Section 423 Meaning of “purchased life annuity”
Section 424 Income charged
Section 425 Person liable
Section 426 Annuity payments received after deduction of tax

Chapter 7 · Purchased life annuity payments
Person liable

Section 425 | Person liable

From legislation.gov.uk

The person liable for any tax charged under this Chapter is the person receiving or entitled to the annuity payments.