Skip to content
Solved
SearchBrowse
Sign in

Contents

Legislation
Corporation Tax Act 2009

Crossheading Basic amount of estate income: general calculations rules

  • Section 943 Absolute interests
  • Section 944 Limited interests
  • Section 945 Discretionary interests
  • Section 946 Applicable rate for grossing up basic amounts of estate income
  • Section 947 Aggregate income of the estate
  1. Basic amount of estate income: general calculations rules
  2. Discretionary interests

Section 945 | Discretionary interests

From legislation.gov.uk

The basic amount of estate income relating to a company's discretionary interest in the whole or part of the residue of an estate for an accounting period is the total of the payments made in the accounting period in exercise of the discretion in favour of the company.

PreviousNext
PrivacyTerms