EIM33000 | Seafarers’ Earnings Deduction: introduction and table of contents

Part 5 Chapter 6 ITEPA 2003

Introduction

Employees who are ordinarily UK resident (see EIM42810) in the United Kingdom are taxable on their general earnings under Section 15 (or Section 21 before 6 April 2008) ITEPA 2003 (see EIM40101). However, there are two exceptions from this global charge:

• any chargeable overseas earnings will only be taxable to the extent that they are remitted to the United Kingdom (see EIM40102) and

• the Seafarers’ Earnings Deduction in Part 5 Chapter 6 ITEPA 2003.

These pages deal with the Seafarers’ Earnings Deduction (SED).