235. Income not otherwise charged.

Income tax is charged on income1 from any source that is not charged to income tax under or as a result of any other provision of the Income Tax (Trading and Other Income) Act 2005 or any other Act2; and the charge to corporation tax on income applies to income that is not otherwise within the application of the charge under the Corporation Tax Acts3.

Income tax is charged under these provisions on the amount of the income arising in the tax year4. The person liable for such tax is the person receiving or entitled to the income