SCHEDULES

SCHEDULE 1Minor and consequential amendments

Part 2Other enactments

Income Tax Act 2007 (c. 3)

716

(1)

Amend section 971 (income tax in respect of non-resident landlords) as follows.

(2)

In subsection (2) for the words from “chargeable” to the end substitute “ chargeable as the profits of a UK property business under Chapter 3 of Part 3 of ITTOIA 2005 or Chapter 3 of Part 4 of CTA 2009. ”

(3)

In subsection (3)(a) for “Schedule A business, or a UK property business,” substitute “ UK property business (within the meaning of Chapter 2 of Part 3 of ITTOIA 2005 or Chapter 2 of Part 4 of CTA 2009) ”.