[F1Remittance of income and gains: introductionU.K.
Textual Amendments
F1Pt. 14 Ch. A1 inserted (21.7.2008 with effect in accordance with Sch. 7 para. 81 of the amending Act) by Finance Act 2008 (c. 9), Sch. 7 para. 1 (with Sch. 7 paras. 85-89)
809KSections 809L to 809Z6: introductionU.K.
(1)Sections 809L to 809Z6 apply for the purposes of—
(a)this Chapter,
(b)sections 22 and 26 of ITEPA 2003 (relevant foreign earnings charged on remittance basis),
(c)section 41A of that Act (specific employment income from securities etc charged on remittance basis),
(d)section 832 of ITTOIA 2005 (relevant foreign income charged on remittance basis), and
(e)section 12 of TCGA 1992 (foreign chargeable gains charged on remittance basis).
(2)Those sections—
(a)explain what is meant by income or chargeable gains being “remitted to the United Kingdom” (sections 809L to 809O),
(b)provide for the calculation of the amount remitted (section 809P),
(c)contain rules for attributing transfers from mixed funds to particular kinds of income and capital (sections 809Q to 809S),
(d)contain supplementary provision for certain cases (sections 809T and 809U), and
(e)treat income or chargeable gains as not remitted to the United Kingdom in certain cases (sections 809V to 809Z6).]