207. Rates of tax, deductions and reliefs.

Income tax at the basic rate1, or the starting rate for savings when that rate is more than 0%, is not charged on income treated as arising to a person2 in respect of any income if (and to the corresponding extent that) the income3 has borne tax at that rate by deduction or otherwise4. This does not affect the tax charged if a benefit is provided out of the income of a person abroad5 charged in the year of receipt6.

In the case of income treated as arising to an individual7 so far as the provisions above do not apply