Section 31 | Total income: supplementary

(1)This section applies for the purposes of calculating total income.

(2)Income from which a deduction in respect of income tax is to be made (or treated as made) at the basic rate , the property basic rate, the savings basic rate, the Welsh basic rate or the Scottish basic rate ... in force for a tax year is treated as income of that tax year.^F1F2F3F4F5

(3)Repealed^F6

(4)Subsection (2) applies even if all or part of the income, or the dividend or other distribution, accrued or will accrue in a different tax year.^F7

(5)An assessment that has become final and conclusive for income tax purposes for a tax year is also final and conclusive for the purposes of calculating total income.