150
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Income Tax (Trading and Other Income) Act 2005 Part 11 — Foreign income: special rules
Relevant foreign income charged on remittance basis: income arising before the tax year 2005-06
Relevant foreign income charged on remittance basis: delayed remittances
151
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Relief for backdated pensions charged on arising basis
152
The fact that the earlier year referred to in subsections (1)(b) and (2) of section 840 (relief for backdated pensions charged on the arising basis) is a tax year before 2005-06 does not prevent— (a) a claim being made under that section, or (b) such adjustments (by way of repayment of tax, assessment or otherwise) as are necessary to give effect to that section being made as respects such a tax year.
Unremittable income that arose before the tax year 2005-06
153
(1) A claim may be made under section 842 (claim for relief on unremittable income) for the tax year 2005-06 or any later tax year, despite the income having arisen in a tax year before 2005-06. (2) Without prejudice to paragraph 4 of this Schedule, section 843 (withdrawal of relief) applies for the tax year 2005-06 or any later tax year, despite the income having arisen originally in a tax year before the tax year 2005-06 (whether the claim in respect of it was made under section 584 of ICTA (relief for unremittable overseas income) or section 842 of this Act). (3) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (4) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Back to Income Tax (Trading and Other Income) Act 2005 — full text
Provisions on this page are reproduced verbatim from official open data. See the attribution line.
Contains public sector information licensed under the Open Government Licence v3.0 (legislation.gov.uk).