SCHEDULES

SCHEDULE 5Non-UK resident companies carrying on UK property businesses etc

PART 1Extension of scope of charge

2

In subsection (2) (circumstances in which non-UK resident company is within the charge)—

(a)

omit “or” at the end of paragraph (a), and

(b)

after paragraph (b) insert “,

(c)

it carries on a UK property business, or

(d)

it has other UK property income.”