Commentary on Sections Overview Overview Section 745: Rates of tax applicable to income charged under sections 720 and 727 etc
2193.This section deals with rates of tax applicable to income charged under sections 720 and 727. It is based on section 743(1) to (1B) and (5) of ICTA.
2194.Subsection (1) retains the expression “by deduction or otherwise”, as it has been the subject of judicial comment: see paragraph 53 of the judgment of Lord Scott in R v Dimsey & Allen (2001), 74 TC 263 HL(7) at page 312.