Relevant foreign income is income that arises from a source outside the UK, that is chargeable to tax under any of the following provisions, or would be so chargeable if ITTOIA 2005, s 832 remittance basis rules (see E1.603) did not apply1. Relevant foreign income also includes some additional and deemed sources, which would not otherwise fall within the definition,2 (see below).
The following income sources are relevant foreign income, where the source is overseas3:
• adjustment income, ITTOIA 2005, ss 226–240 (Pt 2, Ch 17), see B2.114
• annual payments not otherwise charged, ITTOIA 2005, ss 683–686 (Pt 5, Ch 7), see E1.510,
• certain telecommunications rights — non-trading income, ITTOIA 2005, ss 614–618 (Pt 5, Ch 4), see B2.473,
Web page updated on 17 Mar 2025 17:41
