Section 816 Meaning of “disregarded company income”

United Kingdom

(1)

For the purposes of this Chapter income arising to a non-UK resident company is “disregarded company income” if it is—

(a)

disregarded savings and investment income (see section 825),

(b)

disregarded annual payments (see section 826),

F1(c)

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

F2(d)

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(e)

income of such other description as the Treasury may by regulations designate for the purposes of this section.

F3(2)

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(3)

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(4)

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Annotations

F1: S. 816(1)(c) omitted (for chargeable periods beginning on or after 1.1.2026) by virtue of Finance Act 2026 (c. 11), Sch. 7 paras. 9(2)(a)(i), 30
F2: S. 816(1)(d) omitted (for chargeable periods beginning on or after 1.1.2026) by virtue of Finance Act 2026 (c. 11), Sch. 7 paras. 9(2)(a)(i), 30
F3: S. 816(2)-(4) omitted (for chargeable periods beginning on or after 1.1.2026) by virtue of Finance Act 2026 (c. 11), Sch. 7 paras. 9(2)(a)(ii), 30

C1: Pt. 14 Ch. 1 excluded by 2005 c. 5, s. 608X(3)(a) (as inserted (with effect in accordance with Sch. 3 para. 7 of the amending Act) by Finance Act 2019 (c. 1), Sch. 3 para. 4)