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StatuteIncome Tax (Earnings and Pensions) Act 2003

Section 496 — Income Tax (Earnings and Pensions) Act 2003: No charge on cash dividend retained for reinvestment

Text of the provision Official document

No charge on cash dividend retained for reinvestment 496 For the exemption from income tax of amounts retained under paragraph 68(2) of Schedule 2 (amount of cash dividend not reinvested), see section 770 of ITTOIA 2005 (amounts applied by SIP trustees acquiring dividend shares or retained for reinvestment).

Official source: legislation.gov.uk

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Statutory text from an official public source. Informational content — does not replace advice from a qualified solicitor.