SCHEDULES
SCHEDULE 1Income tax: abolition of non-residents' personal reliefs
Consequential amendments
3
1
Section 266 (life assurance premiums) is amended as follows.
2
In subsection (1)—
a
for “individual” substitute “
eligible individual
”
, and
b
omit “or makes a payment falling within subsection (7) below”.
3
After that subsection insert—
1A
For the purposes of subsection (1) above an individual is an eligible individual if the individual—
a
is resident in the United Kingdom, or
b
meets the conditions in section 56(3) of ITA 2007.
4
In subsection (3), omit “(7),”.
5
In subsection (4), for “subsections (7) and” substitute “
subsection
”
.
6
Omit subsection (7).
7
In subsection (8), for “and is entitled to relief by virtue of section 278(2) or (2ZA)” substitute “
(but is entitled to relief by virtue of subsection (1A)(b))
”
.