Section 87E — Taxation of Chargeable Gains Act 1992: Sections 87 and 87A: disregarded payments to temporary non-resident

Sections 87 and 87A: disregarded payments to temporary non-resident 87E 1 If—

a as a result of section 87D, no account is taken of a capital payment (or a part of a capital payment) for the purposes of sections 87 and 87A, b the recipient beneficiary is an individual who is temporarily non-resident, and c the payment (or part) is received in the beneficiary's temporary period of non-residence, the payment (or part) is treated for the purposes of sections 87 and 87A as received (by the beneficiary) in the beneficiary's period of return, and account is to be taken of it accordingly for those purposes.

2 Part 4 of Schedule 45 to FA 2013 explains—

a when an individual is to be regarded as “temporarily non-resident”, and b what “the temporary period of residence” and “the period of return” mean.