ERSM162665 | International from 6 April 2015: ascertaining chargeable and unchargeable foreign securities income - from 6 April 2015: sections 41J and 41K - supplemental provisions

Location of employment duties

Duties in UK merely incidental to duties outside UK and duties on board vessel or aircraft

ITEPA03/S41J applies the provisions of ITEPA03/S39(1) and (2) (EIM40203) and ITEPA03/S40 (EIM40206) for the purposes of Chapter 5B of Part 2 ITEPA03.

Employment in UK sector of continental shelf

The effects of the provisions at ITEPA03/S41 in relation to general earnings (EIM40208) are mirrored for the purposes of securities income by ITEPA03/S41J(2).

Overseas Crown employment

The effects of the provisions at ITEPA03/S28 in relation to general earnings (EIM40205) are mirrored for the purposes of securities income by ITEPA03/S41K.