Section 31 — Income Tax Act 2007: Total income: supplementary

Total income: supplementary 31 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. 3 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

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.

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.