Accrual

Commentary – Tax Reporter ¶327-225

Accrued income scheme

– see Accrued income scheme

Authorised investment funds

Commentary – Tax Reporter ¶782-120 ; Tax Reporter ¶782-130

Banks/building societies and deposit-takers

Commentary – Tax Reporter ¶110-750 ; Tax Reporter ¶327-100

Capital or income receipts, distinction

– see Capital or revenue receipts; Nature of income/revenue

Capitalisation

Commentary – Tax Reporter ¶327-225

Charge to tax

Generally

Commentary – Tax Reporter ¶327-025 ; Tax Reporter ¶327-175–Tax Reporter ¶327-250
Case Law – COMMISSIONERS OF INLAND REVENUE v. OSWALD (TRUSTEE OF THE COSIER SETTLEMENT) ; Commissioners of Inland Revenue v. Whitworth Park Coal Co., Ltd. (in liquidation) Commissioners of Inland Revenue v. Ramshaw Coal Co., Ltd. (in liquidation) Commissioners of Inland Revenue v. Brancepeth Coal Co., Ltd. (in liquidation) ; Dunmore v. McGowan (H.M. Inspector of Taxes) ; PATON (AS FENTON'S TRUSTEE) v. COMMISSIONERS OF INLAND REVENUE ; STOCKER v. THE COMMISSIONERS OF INLAND REVENUE.

Priority of charge

Commentary – Tax Reporter ¶327-025

Companies

Distributions in respect of securities

Commentary – Tax Reporter ¶743-500
HMRC Guidance – CTM15502

Loan relationships

– see Loan relationships

Damages

Compensation for financial mis-selling

Commentary – Tax Reporter ¶327-050
HMRC Guidance – SAIM2080
Case Law – BENNETT v. OGSTON (H.M. INSPECTOR OF TAXES). ; Chevron Petroleum (U.K.) Ltd. & Others v. B.P. Petroleum Development Ltd. & Others ; Re Euro Hotel (Belgravia) Ltd. ; SCHULZE v. S.W. BENSTED (Surveyor of Taxes). ; THE COMMISSIONERS OF INLAND REVENUE v. SIR H.C. HOLDER, BART., AND J.A. HOLDER.

Personal injury/death

Commentary – Tax Reporter ¶131-450–Tax Reporter ¶131-600

Deduction at source

– see also Foreign dividends; Public revenue dividends

Banks/building societies and deposit-takers

– see Deductions at source

Discounts

– see Discounts

Distributions

Commentary – Tax Reporter ¶743-500 ; Tax Reporter ¶743-800
HMRC Guidance – CTM15502

Double taxation relief

Commentary – Tax Reporter ¶171-250
Case Law – Avery Jones (Rowley's Administrator) v. Commissioners of Inland Revenue ; Lord Strathalmond v. Commissioners of Inland Revenue ; Westminster Bank Executor and Trustee Co. (Channel Islands) Ltd. v. National Bank of Greece S.A.

Income or capital receipts, distinction

– see Capital or revenue receipts; Nature of income/revenue

Inheritance tax, repayment

Commentary – Tax Reporter ¶183-265 ; Tax Reporter ¶615-100
Case Law – Prosser (as personal representative of Jempson dec'd) v IR Commrs ; Richardson v. R & C Commrs

Late payment of tax

– see Interest on overdue tax

Loss relief

Commentary – Tax Reporter ¶261-600 ; Tax Reporter ¶262-150
HMRC Guidance – BIM40800 ; BIM40805 ; BIM40810

Meaning of interest

Commentary – Tax Reporter ¶327-050
HMRC Guidance – SAIM2080
Case Law – BENNETT v. OGSTON (H.M. INSPECTOR OF TAXES). ; Chevron Petroleum (U.K.) Ltd. & Others v. B.P. Petroleum Development Ltd. & Others ; Re Euro Hotel (Belgravia) Ltd. ; SCHULZE v. S.W. BENSTED (Surveyor of Taxes). ; THE COMMISSIONERS OF INLAND REVENUE v. SIR H.C. HOLDER, BART., AND J.A. HOLDER.

Savings and investment income

Accrual

Commentary – Tax Reporter ¶327-250
Case Law – COMMISSIONERS OF INLAND REVENUE v. OSWALD (TRUSTEE OF THE COSIER SETTLEMENT) ; Commissioners of Inland Revenue v. Whitworth Park Coal Co., Ltd. (in liquidation) Commissioners of Inland Revenue v. Ramshaw Coal Co., Ltd. (in liquidation) Commissioners of Inland Revenue v. Brancepeth Coal Co., Ltd. (in liquidation) ; Dunmore v. McGowan (H.M. Inspector of Taxes) ; PATON (AS FENTON'S TRUSTEE) v. COMMISSIONERS OF INLAND REVENUE ; STOCKER v. THE COMMISSIONERS OF INLAND REVENUE.

Authorised unit trusts

Commentary – Tax Reporter ¶327-175

Banks/building societies and deposit-takers

Commentary – Tax Reporter ¶327-100

Capitalisation

Commentary – Tax Reporter ¶327-250
Case Law – COMMISSIONERS OF INLAND REVENUE v. OSWALD (TRUSTEE OF THE COSIER SETTLEMENT) ; Commissioners of Inland Revenue v. Whitworth Park Coal Co., Ltd. (in liquidation) Commissioners of Inland Revenue v. Ramshaw Coal Co., Ltd. (in liquidation) Commissioners of Inland Revenue v. Brancepeth Coal Co., Ltd. (in liquidation) ; Dunmore v. McGowan (H.M. Inspector of Taxes) ; PATON (AS FENTON'S TRUSTEE) v. COMMISSIONERS OF INLAND REVENUE ; STOCKER v. THE COMMISSIONERS OF INLAND REVENUE.

Charge to tax

Commentary – Tax Reporter ¶327-025 ; Tax Reporter ¶327-175–Tax Reporter ¶327-250
Case Law – COMMISSIONERS OF INLAND REVENUE v. OSWALD (TRUSTEE OF THE COSIER SETTLEMENT) ; Commissioners of Inland Revenue v. Whitworth Park Coal Co., Ltd. (in liquidation) Commissioners of Inland Revenue v. Ramshaw Coal Co., Ltd. (in liquidation) Commissioners of Inland Revenue v. Brancepeth Coal Co., Ltd. (in liquidation) ; Dunmore v. McGowan (H.M. Inspector of Taxes) ; PATON (AS FENTON'S TRUSTEE) v. COMMISSIONERS OF INLAND REVENUE ; STOCKER v. THE COMMISSIONERS OF INLAND REVENUE.

Client accounts held by solicitors

Commentary – Tax Reporter ¶222-350 ; Tax Reporter ¶327-125
HMRC Guidance – BIM65805 ; BIM65815
Case Law – Bank Line Ltd. v. Commissioners of Inland Revenue ; Northend (H.M. Inspector of Taxes) v. White & Leonard & Corbin Greener and Others ; Owen (H.M. Inspector of Taxes) v. Sassoon ; THE LIVERPOOL AND LONDON AND GLOBE INSURANCE COMPANY v. BENNETT (Surveyor of Taxes). BRICE (Surveyor of Taxes) v. THE OCEAN ACCIDENT AND GUARANTEE CORPORATION, LIMITED. BRICE (Surveyor of Taxes) v. THE NORTHERN ASSURANCE COMPANY.

Compensation for mis-selling of financial products

Commentary – Tax Reporter ¶327-050
HMRC Guidance – SAIM2080
Case Law – BENNETT v. OGSTON (H.M. INSPECTOR OF TAXES). ; Chevron Petroleum (U.K.) Ltd. & Others v. B.P. Petroleum Development Ltd. & Others ; Re Euro Hotel (Belgravia) Ltd. ; SCHULZE v. S.W. BENSTED (Surveyor of Taxes). ; THE COMMISSIONERS OF INLAND REVENUE v. SIR H.C. HOLDER, BART., AND J.A. HOLDER.

Compounding

Commentary – Tax Reporter ¶327-250
Case Law – COMMISSIONERS OF INLAND REVENUE v. OSWALD (TRUSTEE OF THE COSIER SETTLEMENT) ; Commissioners of Inland Revenue v. Whitworth Park Coal Co., Ltd. (in liquidation) Commissioners of Inland Revenue v. Ramshaw Coal Co., Ltd. (in liquidation) Commissioners of Inland Revenue v. Brancepeth Coal Co., Ltd. (in liquidation) ; Dunmore v. McGowan (H.M. Inspector of Taxes) ; PATON (AS FENTON'S TRUSTEE) v. COMMISSIONERS OF INLAND REVENUE ; STOCKER v. THE COMMISSIONERS OF INLAND REVENUE.

Deposit-takers

Commentary – Tax Reporter ¶327-100

Discounts

Commentary – Tax Reporter ¶327-475–Tax Reporter ¶327-525
Case Law – TORRENS v. THE COMMISSIONERS OF INLAND REVENUE

EC directive

Commentary – Tax Reporter ¶103-835

Exemption from charge

Commentary – Tax Reporter ¶327-175

Financial Services Compensation Scheme

Commentary – Tax Reporter ¶327-175

Generally

Commentary – Tax Reporter ¶327-000

Industrial and provident societies

Commentary – Tax Reporter ¶327-175

Interest, meaning

Commentary – Tax Reporter ¶327-050
HMRC Guidance – SAIM2080
Case Law – BENNETT v. OGSTON (H.M. INSPECTOR OF TAXES). ; Chevron Petroleum (U.K.) Ltd. & Others v. B.P. Petroleum Development Ltd. & Others ; Re Euro Hotel (Belgravia) Ltd. ; SCHULZE v. S.W. BENSTED (Surveyor of Taxes). ; THE COMMISSIONERS OF INLAND REVENUE v. SIR H.C. HOLDER, BART., AND J.A. HOLDER.

National Savings Bank interest

Commentary – Tax Reporter ¶327-700

Open-ended investment companies

Commentary – Tax Reporter ¶327-175

Pre-2004–05, Schedule D, Case III

Commentary – Tax Reporter ¶327-000

Savings banks

Commentary – Tax Reporter ¶345-900

Savings certificates

Commentary – Tax Reporter ¶327-750

SAYE contractual savings schemes

Commentary – Tax Reporter ¶327-725

Securities issued by international organisations

Commentary – Tax Reporter ¶327-800

Territorial scope of charge

Commentary – Tax Reporter ¶327-175

Unit trusts

Commentary – Tax Reporter ¶327-175

When interest is derived

Commentary – Tax Reporter ¶327-200
Case Law – CROSS (H.M. INSPECTOR OF TAXES) v. LONDON AND PROVINCIAL TRUST, LTD. ; CULL v. COWCHER (H.M. INSPECTOR OF TAXES) ; Cooker v Foss (HMIT) ; DEWAR v. COMMISSIONERS OF INLAND REVENUE ; THE SCOTTISH AND CANADIAN GENERAL INVESTMENT COMPANY, LIMITED, v. A. EASSON (SURVEYOR OF TAXES).

Withholding tax on EU savings income, relief for

Commentary – Tax Reporter ¶327-300–Tax Reporter ¶327-425

Yearly interest

Commentary – Tax Reporter ¶327-075
HMRC Guidance – SAIM9075 ; SAIM9090

Transactions in certificates of deposit

Commentary – Tax Reporter ¶336-550

Yearly interest

Commentary – Tax Reporter ¶327-075
HMRC Guidance – SAIM9075 ; SAIM9090