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Legislation
Income Tax (Trading and Other Income) Act 2005

Crossheading Interest only income

  • Section 749 Repayment interest, and interest paid under repayment supplements
  • Section 749A Interest on tax overpaid
  • Section 750 Interest from tax reserve certificates
  • Section 751 Interest on damages for personal injury
  • Section 752 Interest under employees' share schemes
  • Section 753 Interest on repayment of student loan
  • Section 753A Interest on unpaid relevant contributions
  • Section 754 Redemption of funding bonds
  • Section 755 Interest on foreign currency securities etc. owned by non-UK residents
  • Section 756 Which securities and loans are foreign currency ones for section 755
  • Section 756A Interest on certain deposits of victims of National-Socialist persecution
  1. Interest only income
  2. Interest on tax overpaid

Section 749A | Interest on tax overpaid

From legislation.gov.uk

No liability to income tax arises in respect of interest paid under section 826 of ICTA (interest on tax overpaid).

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