Part 2

Employment income: charge to tax
Chapter 5C

Relief for new residents on foreign employment income

Key definitions

Key definitions
41N
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”.
Pt. 2 applied (E.W.S.) (31.3.2017) by The Equality Act 2010 (Specific Duties and Public Authorities) Regulations 2017 (S.I. 2017/353), reg. 1(1), Sch. 1 para. 4(3) (with reg. 2(4)(5))
Pt. 2 applied (with effect in accordance with s. 1329(1) of the amending Act) by Corporation Tax Act 2009 (c. 4), ss. 969(4)(a), 1329(1) (with Sch. 2 Pts. 1, 2)
Pt. 2 Ch. 5C inserted (20.3.2025 for the tax year 2025-26 and subsequent tax years) by Finance Act 2025 (c. 8), s. 38(1)(3) (with Sch. 8 Pt. 3)