Income Tax (Trading and Other Income) Act 2005 (c. 5)

Part 8 U.K. Foreign income: special rules

Chapter 1 U.K. Introduction

829 Overview of Part 8 U.K.

This Part provides for—

[F1 (a) the charging of relevant foreign income of a person to whom section 809B, 809D or 809E of ITA 2007 applies (remittance basis),]

(b) certain deductions in calculating relevant foreign income where that basis does not apply (see Chapter 3), and

(c) relief where a person is prevented from transferring income to the United Kingdom (see Chapter 4).

Textual Amendments

F1 S. 829(a) substituted (with effect in accordance with Sch. 7 para. 81 of the amending Act) by Finance Act 2008 (c. 9), Sch. 7 para. 50