Part 8Foreign income: special rules
Chapter 3Relevant foreign income charged on arising basis: deductions and reliefs
838Expenses attributable to collection or payment of relevant foreign income
1
In calculating the amount of relevant foreign income to be charged to income tax for a tax year, a deduction is allowed for expenses incurred outside the United Kingdom that are attributable to the collection or payment of the income.
2
Subsection (1) does not apply to income charged for the tax year in accordance with section 832 (relevant foreign income charged on the remittance basis).