[812A Temporary non-residents]
Income Tax Act 2007 (2007 c 3) | Legislation

[812A  Temporary non-residents]

[(1)     This section applies if—

(a)     an individual is temporarily non-resident,

(b)     the individual's liability to income tax for a tax year is limited under section 811,

(c)     that tax year (“the non-resident year”) falls within the temporary period of non-residence, and

(d)     the individual's income for that tax year includes relevant investment income.

(2)     The total income (see Step 1 of the calculation in section 23) on which the individual is charged to income tax for the year of return is to be increased by an amount equal to the amount of that relevant investment income.

(3)     But the notional UK tax on that relevant investment income is to be allowed as a credit against the individual's liability to income tax for the year of return under Step 6 of the calculation in section 23.

(4)     Income is “relevant investment income” if—

(a)     it is chargeable under Chapter 3 or 5 of Part 4

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