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IR20 Sunset - background information

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30 November 2006 / Mike Truman

Categories: Comment & Analysis , Income Tax , Residence & domicile

MIKE TRUMAN gives some background to his 30 November 2006 article

1. What were the residence sections originally meant to say?

The current Taxes Act ss 334 and 336 are consolidated from the Income Tax Act 1842 s 39. As quoted in Reed v Clark this said:

'… any Subject of Her Majesty whose ordinary Residence shall have been in Great Britain and who shall have departed from Great Britain and gone into any Parts beyond the Seas for the Purpose only of occasional Residence at the Time of the Execution of this Act shall be deemed notwithstanding such temporary Absence a Person chargeable to the Duties granted by this Act as a Person actually residing in Great Britain and shall be assessed and charged accordingly (in manner herein-after directed) upon the whole Amount of his Profits or Gains … Provided always that no Person who shall...

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IR20 Sunset - background information

© Copyright LexisNexis 2024. All rights reserved.

30 November 2006 / Mike Truman

MIKE TRUMAN gives some background to his 30 November 2006 article

1. What were the residence sections originally meant to say?

The current Taxes Act ss 334 and 336 are consolidated from the Income Tax Act 1842 s 39. As quoted in Reed v Clark this said:

'… any Subject of Her Majesty whose ordinary Residence shall have been in Great Britain and who shall have departed from Great Britain and gone into any Parts beyond the Seas for the Purpose only of occasional Residence at the Time of the Execution of this Act shall be deemed notwithstanding such temporary Absence a Person chargeable to the Duties granted by this Act as a Person actually residing in Great Britain and shall be assessed and charged accordingly (in manner herein-after directed) upon the whole Amount of his Profits or Gains … Provided always that no Person who shall...

If you or your firm subscribes to Taxation.co.uk, please click the login box below:

If you are not a subscriber but are a registered user or have a free trial, please enter your details in the following boxes:

Subscribe Now...

Alternatively, you can register free of charge to read a limited amount of subscriber content per month.

Once you have registered, you will receive an email directing you back to read this item in full.

Please reach out to customer services at +44 (0) 330 161 1234 or 'customer.services@lexisnexis.co.uk' for further assistance.

Categories: Comment & Analysis [1] , Income Tax [2] , Residence & domicile [3]

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