Chargeable person [F1non-UK resident or not a long-term UK resident] U.K.
Textual Amendments
F1Words in Sch. 15 para. 12 cross-heading substituted (6.4.2025) by Finance Act 2025 (c. 8), Sch. 13 paras. 34, 45(1)
12(1)This Schedule does not apply in relation to any person for any year of assessment during which he is not resident in the United Kingdom.U.K.
(2)Where in any year of assessment a person is resident in the United Kingdom but is [F2not a long-term UK resident], this Schedule does not apply to him unless the property falling within paragraph 3(1)(a), 6(1)(a) or 8(1)(c) is situated in the United Kingdom.
F3(3). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
[F4(4)In this paragraph, “long-term UK resident” has the same meaning as in IHTA 1984.]
Textual Amendments
F2Words in Sch. 15 para. 12(2) substituted (6.4.2025) by Finance Act 2025 (c. 8), Sch. 13 paras. 35(2), 45(1)
F3Sch. 15 para. 12(3) omitted (6.4.2025) by virtue of Finance Act 2025 (c. 8), Sch. 13 paras. 35(3), 45(1)
F4Sch. 15 para. 12(4) substituted (6.4.2025) by Finance Act 2025 (c. 8), Sch. 13 paras. 35(4), 45(1)