Income Tax (Trading and Other Income) Act 2005 section 835

Relief for delayed remittances

Section 835 provided relief where income taxable on the remittance basis could not be sent to the UK due to circumstances beyond the taxpayer's control, but was repealed from 2008-09 onwards.

• Section 835 offered relief for taxpayers taxed on the remittance basis whose foreign income could not be remitted to the UK due to factors outside their control
• The relief applied where, for example, governmental restrictions, currency controls, or similar barriers prevented the transfer of income to the UK
• The section was removed from the legislation by the Finance Act 2008, Schedule 7, paragraph 54, as part of a wider reform of the remittance basis rules
• The repeal took effect from the 2008-09 tax year onwards, meaning the relief is not available for that year or any subsequent tax year