31(1) This section applies for the purposes of calculating total income.
31(2) Income from which a deduction in respect of income tax is to be made (or treated as made) at the 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.
31(3) [Omitted by FA 2016, s. 5(11) and Sch. 1, para. 63(3)(a).]
31(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.