Part 2Trading income
Chapter 2Income taxed as trade profits
Trades and trade profits
15Divers and diving supervisors
1
This section applies if—
a
a person performs the duties of employment as a diver or diving supervisor in the United Kingdom or in any area designated by Order in Council under section 1(7) of the Continental Shelf Act 1964 (c. 29),
b
the duties consist wholly or mainly of seabed diving activities, and
c
any employment income from the employment would otherwise be chargeable to tax under Part 2 of ITEPA 2003.
2
The performance of the duties of employment is instead treated for income tax purposes as the carrying on of a trade in the United Kingdom.
3
For the purposes of this section the following are seabed diving activities—
a
taking part as a diver in diving operations concerned with the exploration or exploitation of the seabed, its subsoil and their natural resources, and
b
acting as a diving supervisor in relation to any such diving operations.