[413A Temporary non-residents]
Income Tax (Trading and Other Income) Act 2005 (2005 c 5) | Legislation

[413A  Temporary non-residents]

[(1)     This section applies if—

(a)     an individual is temporarily non-resident,

(b)     relevant stock dividend income is treated under this Chapter as arising to the individual in the temporary period of non-residence,

(c)     the tax year in which it is treated as arising (“the arising year”) is a tax year for which the individual is UK resident, and

(d)     the amount of income tax charged on the relevant stock dividend income under this Chapter is less than it would have been if the existence of double taxation relief arrangements were disregarded.

(2)     Subsections (3) and (4) have effect in cases where the arising year is not the year of return.

(3)     The total income (see Step 1 of the calculation in section 23 of ITA 2007) on which the individual is charged to income tax for the year of return

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