Taxes Management Act 1970 section 79

Profits from branch or agency

Section 79 dealt with the recovery of tax from non-residents who carried on a trade or business in the United Kingdom through a branch or agency.

• This section provided HMRC with powers to assess and collect tax on profits arising in the UK from a trade or business conducted by a non-resident through a branch or agency located here.
• The branch or agency acting on behalf of the non-resident could be held responsible for meeting the tax obligations, including filing returns and paying any tax due.
• The provision ensured that non-residents carrying on business activities in the UK could not avoid UK tax simply by virtue of not being resident in the country.
• Section 79 was repealed by the Finance Act 1995, Schedule 29, Part 8(16), reflecting changes in how the UK taxed non-residents with a UK trading presence.

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