Paragraph 7 Definitions

United Kingdom

(1)

In section 989 of ITA 2007, at the appropriate place insert—

““foreign gain claim” means a claim under paragraph 1 of Schedule D1 to TCGA 1992,”.

(2)

In Schedule 4 to ITA 2007, at the appropriate places insert—

“
foreign employment election section 989 (and see section 41M of ITEPA 2003)
”;

“
foreign gain claim section 989 (and see paragraph 1 of Schedule D1 to TCGA 1992)
”;

“
foreign income claim section 989 (and see section 845A of ITTOIA 2005)
”;

“
qualifying new resident section 989 (and see section 845B of ITTOIA 2005)
”.

(3)

In Part 2 of Schedule 4 to ITTOIA 2005, at the appropriate places insert—

“
foreign employment election section 989 of ITA 2007 (and see section 41M of ITEPA 2003)
”;

“
foreign gain claim section 989 of ITA 2007 (and see paragraph 1 of Schedule D1 to TCGA 1992)
”;

“
foreign income claim section 989 of ITA 2007 (and see section 845A of this Act)
”;

“
qualifying new resident section 989 of ITA 2007 (and see section 845B of this Act)
”.

(4)

In Part 2 of Schedule 1 to ITEPA 2003, at the appropriate places insert—

“
foreign employment election section 989 of ITA 2007 (and see section 41M of this Act)
”;

“
qualifying new resident section 989 of ITA 2007 (and see section 845B of ITTOIA 2005)
”.