S243 Income Tax (Trading and Other Income) Act 2005, S189 Corporation Tax Act 2009

Income received by UK non-residents or received in relation to trades carried on wholly outside the UK are not subject to these provisions

The charging provisions discussed in BIM90010 do not apply to post-cessation receipts which:

(1)arise from a trade carried on wholly outside the UK

(2)are received by a UK non-resident (or received by someone on behalf of the UK non-resident who is entitled to it) as long as the income comes from an overseas source

Note that the Channel Islands and the Isle of Man are considered to be overseas for UK tax purposes.

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