Finance Act 2008, Paragraph 109 is up to date with all changes known to be in force on or before 07 March 2025. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
109(1)Section 88 (gains of dual resident settlements) is amended as follows.U.K.
(2)For subsection (2) substitute—
“(2)The section 2(2) amount for a tax year for which section 87 applies by virtue of this section is what it would be if the amount mentioned in section 87(4)(a) were the assumed chargeable amount.”
(3)Omit subsection (7).
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