SCHEDULES

SCHEDULE 7Remittance basis

Part 1Main provisions

51Relevant foreign income

1

Section 830 (meaning of “relevant foreign income”) is amended as follows.

2

In subsection (1), for the words from “which” to the end substitute

which—

a

arises from a source outside the United Kingdom, and

b

is chargeable under any of the provisions specified in subsection (2) (or would be so chargeable if section 832 did not apply to it).

3

In subsection (2), omit paragraph (d).