SCHEDULES

SCHEDULE 7Remittance basis

Part 1Main provisions

Employment income

43

In paragraph 27(2) of Schedule 5 (enterprise management incentives: meaning of “working time”)—

a

in paragraph (a), for the words from “or 21” to “Kingdom)” substitute “ applies (earnings for year when employee UK resident) ”, and

b

in paragraph (b), for the words from “resident and” to the end substitute “ UK resident (and none of sections 809B, 809D and 809E of ITA 2007 (remittance basis) applied to the employee). ”