Part 2Employment income: charge to tax

F1Chapter 5CRelief for new residents on foreign employment income

Key definitions

41NKey definitions

(1)

This section sets out some definitions that apply for the purposes of this Chapter.

(2)

“Qualifying employment income” means—

(a)

qualifying general earnings,

(b)

qualifying third party income, and

(c)

qualifying securities income.

(3)

“Qualifying foreign employment income” means—

(a)

qualifying foreign general earnings,

(b)

qualifying foreign third party income, and

(c)

qualifying foreign securities income.

(4)

Section 41T defines what it means—

(a)

for general earnings to be “qualifying general earnings”, and

(b)

for qualifying general earnings to be “qualifying foreign general earnings”.

(5)

Section 41U defines what it means—

(a)

for third party income to be “qualifying third party income”, and

(b)

for qualifying third party income to be “qualifying foreign third party income”.

(6)

Section 41V defines what it means—

(a)

for securities income to be “qualifying securities income”, and

(b)

for qualifying securities income to be “qualifying foreign securities income”.