SCHEDULES

SCHEDULE 5Non-UK resident companies carrying on UK property businesses etc

PART 1Extension of scope of charge

2

In subsection (2) (circumstances in which non-UK resident company is within the charge)—

a

omit “or” at the end of paragraph (a), and

b

after paragraph (b) insert

,

c

it carries on a UK property business, or

d

it has other UK property income.