660 Basic amount of estate income: absolute interests
Income Tax (Trading and Other Income) Act 2005 (2005 c 5) | Legislation

Basic amount of estate income: general calculation rules

660  Basic amount of estate income: absolute interests

(1)     The basic amount of estate income relating to a person's absolute interest in the whole or part of the residue of an estate for a tax year before the final tax year is the lower of—

(a)     the total of all sums paid

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