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Updates: Savings and Investment Manual

2023

22 December 2023 published amendments

Dividends and other company distributions: stock dividends: introduction

Links fixed so that they go to the internal pages

2022

15 December 2022 published amendments

Dividends and other company distributions: UK Real Estate Investment Trusts: tax returns

Updated to reflect correct tax return boxes and repair link to other page.

13 October 2022 published amendments

8 March 2022 published amendments

Savings and Investment Manual: recent changes

Page archived – Old legacy update page no longer required.

Page archived – Old legacy update page no longer required.

Savings and Investment Manual: recent changes

Page archived – Old legacy update page no longer required.

Savings and Investment Manual: recent changes

Page archived – Old legacy update page no longer required.

Savings and Investment Manual: recent changes

Page archived – Old legacy update page no longer required.

Savings and Investment Manual: recent changes

Page archived – Old legacy update page no longer required.

Savings and Investment Manual: recent changes

Page archived – Old legacy update page no longer required.

Savings and Investment Manual: recent changes

Page archived – Old legacy update page no longer required.

Savings and Investment Manual: recent changes

Page archived – Old legacy update page no longer required.

Savings and Investments Manual: recent changes

Page archived – Old legacy update page no longer required.

Savings and Investment Income Manual: recent changes

Page archived – Old legacy update page no longer required.

Savings and Investment manual: recent changes

Page archived – Old legacy update page no longer required.

Savings and Investment Manual: update index

Page archived – Old legacy update page no longer required.

2020

23 March 2020 published amendments

28 February 2020 published amendments

Collective investment schemes: overview and contents

Links to pages SAIM 6010-6150 and SAIM6300-6380 archived

2019

13 June 2019 published amendments

Deduction of tax: collection arrangements: persons other than companies

FIrst two paragraphs removed as relating to old legislation and so no longer required in guidance.

Deduction of tax: collection arrangements: persons other than companies: direct collection

Reference to 'local tax office' and details of out of date assessing processes removed.

Relief for interest paid: interest in a close company

Legislation updated to reflect CTA10 and links to other manuals added.

12 June 2019 published amendments

Dividends and other company distributions: meaning of distribution

Clarification added on paragraphs below the bullet points plus links to other manuals.

Deduction of tax: yearly interest: UK source: the general rule

Updated to include reference to the more recent tax case on UK source.

Deduction of tax: yearly interest: artificial arrangements

Updated with current legislation replacing ICTA88 references.

Deduction of tax: payments other than interest and annual payments

Reference to savings rate up to 2007-08 removed and links to other manuals added.

5 June 2019 published amendments

16 April 2019 published amendments

Annual payments: annuities

Links to other manuals added and a couple of minor changes to wording in second paragraph. In third paragraph reference to being taxable as savings income removed as covered more fully at IPTM4000 onwards.

10 April 2019 published amendments

Interest: introduction

Paragraphs reordered and last paragraph updated to note most interest now does not have tax deducted.

Interest: Compensation: further examples

Title changed to better reflect content and example 4 removed as not relevant to this part of the manual.

Interest: taxation of interest: the tax charge

Updated paragraph regarding when interest arises where no access to the interest.

Deeply discounted securities: taxation: profit on disposal

Reference to premiums in final paragraph removed.

21 March 2019 published amendments

Deduction of tax: ‘deposit takers’: bank and building society interest

Update to reflect removal of requirement to deduct and add links to other manuals.

Deduction of tax: ‘deposit takers’: bank and building society interest: TDSI

Update to note the change of legislation from 6 April 2016.

Deduction of tax: local authorities

Update to note change of legislation from 6 April 2016 onwards.

18 March 2019 published amendments

Interest: exemptions: other statutory exemptions

Change noted for tax reserve certificates (now removed from the exemption).

Accrued Income Scheme: special cases: unauthorised unit trusts

Page archived.

Accrued Income Scheme: overview and contents

Link to SAIM4330 archived.

14 March 2019 published amendments

Interest: exemptions: tax-free savings income

Removing guidance on National Savings ordinary accounts (which have not been available since 2004).

20 February 2019 published amendments

Deduction of tax: introduction

Update to reflect changes from 2016 and links to other manuals updated.

2018

14 December 2018 published amendments

4 December 2018 published amendments

Annual payments: exemptions

Links to other manuals added and reference to pool betting duty removed as legislation repealed in 2012.

20 November 2018 published amendments

Interest: loan repaid early and PPI cancelled

Update to links to GOV.UK and final paragraph regarding deduction of tax.

Interest: loan and PPI run full term

Update link to GOV.UK pages and final paragraph on deduction of tax.

Interest: loan still in existence but PPI changed

Update to GOV.UK link and deduction of tax in final paragraph.

2 October 2018 published amendments

Dividends and other company distributions: the charge to tax on UK dividends etc.

Updates to reflect 2016 changes.

Dividends and other company distributions: meaning of distribution

Updates for clarification and to reflect 2016 changes.

Dividends and other company distributions: company law

Updates for formatting and clarification only.

Dividends and other company distributions: qualifying and non-qualifying distributions: non-CD distributions and CD distributions

Updates to reflect 2016 changes.

Dividends and other company distributions: distributions from OEICs and AUTs

Updates to reflect 2016 changes.

Dividends and other company distributions: tax years up to 2015-16: tax credits: introduction

Updates to reflect 2016 changes.

Dividends and other company distributions: tax credits on qualifying distributions: tax years up to 2015-16

Updates to reflect 2016 changes.

Dividends and other company distributions: tax credits on foreign distributions: tax years up to 2015-16

Updates to reflect 2016 changes.

Dividends and other company distributions: tax credits on foreign distributions: what were ‘relevant distributions’: tax years up to 2015-16

Updates to reflect 2016 changes.

Dividends and other company distributions: tax credits on foreign distributions: eligibility to foreign tax credit relief: tax years up to 2015-16

Updates to reflect 2016 changes.

Dividends and other company distributions: tax credits on qualifying distributions: tax years up to 2015-16: example

Updates to reflect 2016 changes.

Dividends and other company distributions: tax treated as paid on distributions received by non-UK resident persons

Updates to reflect 2016 changes.

Dividends and other company distributions: no tax credits on non-qualifying distributions - tax years up to 2015-16: relief: distribution repaying shares or security issued in earlier distribution

Updates to reflect 2016 changes.

Dividends and other company distributions: no tax credits on non-qualifying distributions: tax years up to 2015-16: example

Updates to reflect 2016 changes.

Dividends and other company distributions: stock dividends: introduction

Updates to reflect 2016 changes.

Dividends and other company distributions: stock dividends: the tax charge

Updates to reflect 2016 changes.

12 February 2018 published amendments

Deduction of tax: overview and contents

New page added at SAIM9310 - author MXL

new page added at SAIM9320 - author MXL

Page added at SAIM9330 - author MXL

Added page SAIM9380

2016

29 November 2016 published amendments