Section 482 | Types of amount to be charged at special rates for trustees

The types of amount referred to in section 481 are as follows. Type 1A payment— a which is made to the trustees or to which the trustees are entitled, and b which is made by way of ... distribution by a company on the redemption, repayment or purchase of shares in the company or on the purchase of rights to acquire such shares.Type 2Accrued income profits treated as made by the trustees under section 628(5) or 630(2).Type 3Income treated as arising to the trustees under regulation 17 of the Offshore Funds (Tax) Regulations 2009 (S.I. 2009/3001).Type 4Income which the trustees are treated as receiving under section 68(2) or 71(4) of FA 1989 (which relate to employee share ownership trusts).Type 5A sum to which Chapter 4 of Part 3 of ITTOIA 2005 (which provides for certain amounts to be treated as receipts of a property business) applies.Type 6A profit in relation to which the trustees are liable for income tax under section 429 of ITTOIA 2005 (profits from deeply discounted securities).Type 7A gain in relation to which the trustees are liable for income tax under section 467 of ITTOIA 2005 (gains from contracts for life insurance etc), other than a gain to which subsection (7) of that section applies.Type 8A profit or gain in relation to which the trustees are liable for income tax under section 554 of ITTOIA 2005 (transactions in deposits).Type 9A profit or gain— a in relation to which the trustees are liable for income tax under section 557 of ITTOIA 2005 (disposals of futures and options), and b which does not meet any of conditions A to C in section 568 of ITTOIA 2005.Type 10Proceeds in relation to which the trustees are liable for income tax under section 573 of ITTOIA 2005 (sales of foreign dividend coupons).Type 11Income treated as arising to the trustees under Part 9A of this Act (transactions in land).Type 12Income treated as arising to the trustees under section 396A of ITTOIA 2005 (arrangements offering a choice of income or capital return).