Section 1026 | Meaning of “non-qualifying income” for the purposes of section 1025

For the purposes of section 1025 an amount included in a person's total income is non-qualifying income if it is—

(a)Repealed

(b)Repealed

(c)Repealed

(d)income on which an individual is liable to income tax as a result of section 465 of ITTOIA 2005 or trustees are so liable as a result of section 467 of that Act (gains from contracts for life insurance etc), being income to which section 530 of that Act applies (income tax treated as paid etc),

(e)income which is included in the aggregate income of an estate as a result of section 664(2)(c), (d) or (e) of ITTOIA 2005 (income arising to personal representatives and corresponding to income within paragraph (b), (c) or (d)), or

(f)income on which income tax is treated as paid under section 685A(3) of ITTOIA 2005 (settlor-interested settlements), ...

(g)Repealed