[465B Temporary non-residents]
Income Tax (Trading and Other Income) Act 2005 (2005 c 5) | Legislation

[465B  Temporary non-residents]

[(1)     This section applies if an individual is temporarily non-resident.

(2)     The individual is liable for tax under this Chapter for the year of return in respect of any gain that meets the conditions in subsection (3).

(3)     The conditions are—

(a)     the gain arose in the temporary period of non-residence,

(b)     it arose from a policy issued in respect of an insurance made, or from a contract made, before the start of that period,

(c)     the chargeable event giving rise to it was neither a death nor a chargeable event treated as occurring under section 525(2),

(d)     no-one is liable under section 466 or 467 in respect of the gain,

(e)     no-one is liable by virtue of section 468 for either the year of return or an earlier tax year as a result

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