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Legislation
Income Tax (Trading and Other Income) Act 2005

Crossheading Remittance basis

  • Section 831 Claims for relevant foreign income to be charged on the remittance basis
  • Section 832 Relevant foreign income charged on remittance basis
  • Section 832A Section 832: temporary non-residents
  • Section 832B Section 832: deductions from remitted income
  • Section 833 Income treated as remitted: repayment of UK-linked debts
  • Section 834 Arrangements treated as repayment of UK-linked debts
  1. Remittance basis
  2. Section 832: deductions from remitted income

Section 832B | Section 832: deductions from remitted income

From legislation.gov.uk

(1)The only case in which deductions are allowed from the income mentioned in section 832(2) is where the income is from a trade, profession or vocation carried on outside the United Kingdom.

(2)In that case the same deductions are allowed as are allowed under the Income Tax Acts where the trade, profession or vocation is carried on in the United Kingdom.

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