Part 2 – Non-UK Resident Companies with UK Permanent Establishments
CIRCUMSTANCES IN WHICH CT EXIT CHARGE PAYMENT PLAN MAY BE ENTERED INTO
In the heading, the words “CT exit charge payment plan” substituted for the words “exit charge payment plan” by FA 2019, s. 22 and Sch. 7, para. 6(1)(b), with effect from 12 February 2019 (Royal Assent).
4(1) This Part of this Schedule and Part 3 of this Schedule apply where–
(a)at any time during an accounting period (“the migration accounting period”) an eligible company which is not resident in the United Kingdom carries on a trade in the United Kingdom through a permanent establishment there,