Section 690 | Overview of Part 6

(1)This Part provides for certain exemptions from charges to income tax under this Act.

(2)The exemptions are dealt with in—

(a)Chapter 2 (national savings income),

(b)Chapter 3 (income from individual investment plans),

(c)Chapter 4 (SAYE interest),

(d)Chapter 5 (venture capital trust dividends),

(e)Chapter 6 (income from FOTRA securities),

(f)Chapter 7 (purchased life annuity payments),

(g)Chapter 8 (other annual payments), and

(h)Chapter 9 (other income).

(3)Chapter 10 explains that, in general, the effect of the exemptions is that the exempt amounts are ignored for other income tax purposes.

(4)Other exemptions, such as exemptions relating to particular categories of persons, may also be relevant to the charges to income tax under this Act.

(5)And the exemptions dealt with in this Part may themselves be relevant to charges to income tax outside this Act.