ukpga/Geo6and1Eliz2/15-16/10 — Income Tax Act 1952

Income Tax Act 1952 1952 c. 10 An Act to consolidate certain of the enactments relating to income tax, including certain enactments relating also to other taxes. [28th February 1952] Parts I—VII . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 Part VIII Graduation of Tax by means of Personal and Other Reliefs . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 208 Miscellaneous . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 226 Relief from tax in respect of income accumulated under trusts. 228 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Parts IX—XVII . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 229 Part XVIII Special Provisions for Taxation of Settlors, etc. in respect of Settled or Transferred Income Chapter I . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 392 Chapter II Settlements on Children generally . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 397 Supplemental provisions as to Chapter II. 400 1 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 401 Chapter III Revocable Settlements, Settlements where Settlor Retains an Interest, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 404 †Provisions supplemental to sections 404 and 405. 406 1 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 407 Chapters IV—VI . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 412 Parts XIX—XXIV . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 418 Part XXV General and Supplemental . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 489 Other provisions as to interpretation. 526 1 In this Act, except so far as is otherwise provided or the context otherwise requires— . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . “ year of assessment ” means, with reference to any tax, the year for which such tax was granted by any Act granting income tax; . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Part XXVI Commencement, Repeals, Savings Temporary and Transitional Provisions and Short Title . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 527 Short title. 532 This Act may be cited as the Income Tax Act, 1952. SCHEDULES 1—25 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .