SCHEDULES

SCHEDULE 1Minor and consequential amendments

Part 1Income and Corporation Taxes Act 1988

40

1

Amend section 278 (non-residents) as follows.

2

Omit subsection (1).

3

In subsection (2)—

a

for the words from the beginning to “individual” substitute “ Subject to subsection (2ZA) below, relief under this Chapter shall be given only to an individual ”,

b

before paragraph (a) insert—

za

is not resident in the United Kingdom,

zb

does not meet the condition in section 56(3) of ITA 2007, and

c

omit paragraphs (b) to (e) and the “or” immediately before paragraph (b).

4

After subsection (2) insert—

2ZA

Relief under section 266 above (except relief given by virtue of subsection (7) of that section) may also be given to an individual who—

a

is resident in the United Kingdom, or

b

meets the condition in section 56(3) of ITA 2007.