Finance Act 2008, Paragraph 14 is up to date with all changes known to be in force on or before 01 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.
14(1)Section 22 (chargeable overseas earnings for year when employee resident and ordinarily resident, but not domiciled, in UK) is amended as follows.U.K.
(2)In subsection (1), for the words from “in which” to the end substitute “, to the extent that they are chargeable overseas earnings for that year, if—
(a)section 809B, 809D or 809E of ITA 2007 (remittance basis) applies to the employee for that year, and
(b)the employee is ordinarily UK resident in that year.”
(3)For subsection (3) substitute—
“(3)Subsection (2) applies whether or not the employment is held when the earnings are remitted.”
(4)In subsection (4), omit the words after “year”.
(5)In subsection (5)(b), for “section 21” substitute “ section 15 ”.
(6)After subsection (5) insert—
“(6)See Chapter A1 of Part 14 of ITA 2007 for the meaning of “remitted to the United Kingdom” etc.
(7)General earnings for the employee for the tax year fall within section 15(1) to the extent that they do not fall within subsection (1).”
(7)Accordingly, in the heading, for the words from “employee” to the end substitute “ remittance basis applies and employee ordinarily UK resident ”.
All content is available under the Open Government Licence v3.0 except where otherwise stated. This site additionally contains content derived from EUR-Lex, reused under the terms of the Commission Decision 2011/833/EU on the reuse of documents from the EU institutions. For more information see the EUR-Lex public statement on re-use.
