{
  "url": "https://openlegislation.uk/income-tax-trading-and-other-income-act-2005/section-420A",
  "json_url": "https://openlegislation.uk/income-tax-trading-and-other-income-act-2005/section-420A.json",
  "legislation": "ukpga/2005/5",
  "legislation_title": "Income Tax (Trading and Other Income) Act 2005",
  "legislation_url": "https://openlegislation.uk/income-tax-trading-and-other-income-act-2005",
  "path": "section/420A",
  "kind": "section",
  "number": "420A",
  "heading": "Temporary non-residents",
  "text": "(1) This section applies if an individual is temporarily non-resident.\n(2) Debts within subsection (3) are to be treated for the purposes of this Chapter as if they had been released or written off in the period of return.\n(3) A debt is within this subsection if—\n(a) it is the debt, or a part of the debt, in respect of a loan or advance made by a company to the individual,\n(b) it is released or written off in the temporary period of non-residence, and\n(c) ignoring this section, the individual—\n(i) is not liable for tax under this Chapter in respect of the release or write-off, but\n(ii) would have been so liable, had the release or write-off taken place in the period of return.\n(4) Subsection (3)(c)(i) includes a case where the individual could be relieved of liability on the making of a claim under section 6 of TIOPA 2010 (double taxation relief), even if no claim is in fact made.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "S. 420A inserted (with effect in accordance with Sch. 45 para. 153(3) of the amending Act) by Finance Act 2013 (c. 29), Sch. 45 para. 136"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2005/5/section/420A",
    "retrieved_at": "2026-10-29T09:16:32.370392+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}