Part 14Income tax liability: miscellaneous rules
C1Chapter 1Limits on liability to income tax of non-UK residents
Annotations:
Modifications etc. (not altering text)
Supplementary
825Meaning of “disregarded savings and investment income”
1
For the purposes of this Chapter income is “disregarded savings and investment income” if—
a
it is chargeable under Chapter 3 or 5 of Part 4 of ITTOIA 2005 (dividends etc from UK resident companies and stock dividends from UK resident companies), or
b
it is within subsection (2) and is not relevant foreign income.
2
Income is within this subsection if it is chargeable under—
a
Chapter 2 of Part 4 of ITTOIA 2005 (interest),
b
Chapter 7 of that Part (purchased life annuity payments),
c
Chapter 8 of that Part (profits from deeply discounted securities),
F2d
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
e
Chapter 11 of that Part (transactions in deposits)F1, or
f
regulation 15 of the Unauthorised Unit Trusts (Tax) Regulations 2013.
Pt. 14 Ch. 1 excluded by 2005 c. 5, s. 608X(3)(a) (as inserted (with effect in accordance with Sch. 3 para. 7 of the amending Act) by Finance Act 2019 (c. 1), Sch. 3 para. 4)