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Contents

Official guidance
Company Taxation Manual

CTM34200 · Residence: non-resident companies

  • CTM34210 · Liability to CT
  • CTM34220 · Liability to IT
  • CTM34230 · Differences in treatment compared with resident companies
  • CTM34240 · ‘charges paid’ - relief for annual payments and patent royalties
  • CTM34250 · ‘charges received’: income from which income tax has been deducted
  • CTM34260 · Securities in respect of which distributions may arise
  • CTM34270 · Distributions received
  1. Residence: non-resident companies: contents
  2. Residence: non-resident companies: liability to IT

CTM34220 | Residence: non-resident companies: liability to IT

From HM Revenue & Customs · Company Taxation Manual

Where a non-UK resident company has chargeable UK income other than from sources mentioned in CTM34210 it is chargeable to Income Tax on that income. It follows that a non-UK resident company could be chargeable to Income Tax on one source of income and to Corporation Tax on another.

Income Tax liability is at the basic rate only.

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