SCHEDULES

SCHEDULE 7Remittance basis

Part 1Main provisions

Employment income

29

1

Section 378 (deduction from seafarer's earnings: eligibility) is amended as follows.

2

In subsection (1)(a), for the words from “taxable” to the end substitute “ relevant taxable earnings, ”.

3

After subsection (4) insert—

5

In this section “relevant taxable earnings” means general earnings for a tax year in which the employee is ordinarily UK resident that—

a

are taxable earnings under section 15, and

b

would be taxable earnings under section 15 even if the employee made a claim under section 809B of ITA 2007 (claim for remittance basis) for that year.