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Paragraph 43

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

In paragraph 27(2) of Schedule 5 (enterprise management incentives: meaning of “working time”)—

(a)

in paragraph (a), for the words from “or 21” to “Kingdom)” substitute “ applies (earnings for year when employee UK resident) ”, and

(b)

in paragraph (b), for the words from “resident and” to the end substitute “ UK resident (and none of sections 809B, 809D and 809E of ITA 2007 (remittance basis) applied to the employee). ”