Income Tax (Trading and Other Income) Act 2005 section 831

Claims for relevant foreign income to be charged on the remittance basis

Section 831 previously allowed individuals to claim that certain foreign income should be taxed only on the remittance basis — that is, taxed only when brought into the UK — rather than on the arising basis.

Access full legislation.And much more.

By becoming a member, your team gets full access to Tax World research tools and source-backed tax resources.