SCHEDULES

SCHEDULE 1U.K.Chargeable gains accruing to non-residents etc

PART 2 U.K.Consequential amendments

ITA 2007U.K.

105U.K.In section 809VK (retention of funds to meet CGT liabilities), for subsection (5) substitute—

(5)The highest potential CGT rate is the highest rate specified in section 1H of TCGA 1992 (regardless of the type of the chargeable gain or, if P is an individual, the rate of income tax at which P's income is chargeable).