Section 809K — Finance Act 2008: Sections 809L to 809Z6: introduction

Sections 809L to 809Z6: introduction 809K 1 Sections 809L to 809Z6 apply for the purposes of—

a this Chapter, b sections 22 and 26 of ITEPA 2003 (relevant foreign earnings charged on remittance basis),

c section 41A of that Act (specific employment income from securities etc charged on remittance basis),

d section 832 of ITTOIA 2005 (relevant foreign income charged on remittance basis),

and e section 12 of TCGA 1992 (foreign chargeable gains charged on remittance basis).

2 Those sections—

a explain what is meant by income or chargeable gains being “remitted to the United Kingdom” (sections 809L to 809O),

b provide for the calculation of the amount remitted (section 809P),

c contain rules for attributing transfers from mixed funds to particular kinds of income and capital (sections 809Q to 809S),

d contain supplementary provision for certain cases (sections 809T and 809U),

and e treat income or chargeable gains as not remitted to the United Kingdom in certain cases (sections 809V to 809Z6).