Part 2Trading income

Chapter 2Income taxed as trade profits

Charge to tax on trade profits

6Territorial scope of charge to tax

1

Profits of a trade arising to a UK resident are chargeable to tax under this Chapter wherever the trade is carried on.

2

Profits of a trade arising to a non-UK resident are chargeable to tax under this Chapter only if they arise—

a

from a trade carried on wholly in the United Kingdom, or

b

in the case of a trade carried on partly in the United Kingdom and partly elsewhere, from the part of the trade carried on in the United Kingdom.

3

This section applies to professions and vocations as it applies to trades.