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Legislation
Income Tax (Trading and Other Income) Act 2005

Chapter 7 Purchased life annuity payments

  • 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
  1. Income Tax (Trading and Other Income) Act 2005
  2. /
  3. /Chapter 7 · Purchased life annuity payments

Section 425 | Person liable

From legislation.gov.uk

15 July 2026

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

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