Policy paper

The Personal Portfolio Bonds (Amendment of Property Categories in Section 520 of the Income Tax (Trading and Other Income) Act 2005) Regulations 2017

This draft legislation amends the categories of property in the table in section 520(2) of the Income Tax (Trading and Other Income) Act 2005 (ITTOIA 2005) in relation to personal portfolio bonds.

Documents

Details

These regulations amend the categories of property in the table in section 520(2) of the Income Tax (Trading and Other Income) Act 2005 (ITTOIA 2005) in relation to personal portfolio bonds. Categories 3 and 7 are amended and new Categories 8 and 9 are added.

A tax information and impact note covering this instrument was published on 5 December 2016. It remains an accurate summary of the impacts that apply to this instrument.

Published 5 December 2016