Skip to content
Solved
SearchBrowse
Sign in

Contents

Legislation
Income Tax (Trading and Other Income) Act 2005

Chapter 4 SAYE interest

  • Section 702 Interest under certified SAYE savings arrangements
  • Section 703 Meaning of “certified SAYE savings arrangement”
  • Section 704 Types of arrangements and providers
  • Section 705 Certification of arrangements
  • Section 706 Withdrawal and variation of certifications and connected requirements
  • Section 707 Authorisation of providers
  • Section 708 Withdrawal and variation of authorisations
  1. Chapter 4 · SAYE interest
  2. Interest under certified SAYE savings arrangements

Section 702 | Interest under certified SAYE savings arrangements

From legislation.gov.uk

(1)No liability to income tax arises in respect of interest payable under a certified SAYE savings arrangement.

(2)In this section “certified SAYE savings arrangement” has the meaning given in section 703(1).

(3)Subsection (1) is subject to—

(a)section 707(1) (which requires the providers of certain arrangements to be authorised), and

(b)paragraph 7 of Schedule 12 to FA 1988 (application of exemption on change of status of building society).

(4)In this Chapter “interest” includes any bonus.

PreviousNext
PrivacyTerms