For the purposes of the remittance basis, non-UK source income which is chargeable under one of a number of specified provisions.

Income of a particular tax year as identified under Step 3 in ITA 2007, s 733, for the purposes of calculating the charge under ITA 2007, s 731 (see ‘transfer of assets abroad (TAA) regime’), where an individual receives a capital benefit under a trust. See also ‘available relevant income (ARI)’.

In the context of the PSC register, an entity, not being an individual, that has significant control (and are 'subject to their own disclosure requirements') over an entity subject to the PSC regime (CA 2006, s 790C).

Statute provides for two tax-efficient alternatives to a life assurance policy held within a registered occupational pension scheme: • the relevant life policy (RLP), and • the excepted group life policy (EGLP) EGLPs are, in fact, a form of RLP under statute, but as they relate to the provision of cover for multiple—rather than single—life arrangements, they form a distinct and separate insurance product line. Accordingly, in what follows, 'RLP' refers to single-life policies and 'EGLP' refers to multiple / group life policies. Carried over from section 539A of the Income and Corporation Taxes Act 1988 prior to ‘A-day’, and currently defined in section 393B(4) of the Income Tax (Earnings and Pensions) Act 2003 (ITEPA 2003) and sections 480–482 of the Income Tax (Trading and Other Income) Act 2005 (ITTOIA 2005), EGLPs and RLPs provide lump sum benefits on the death, before age 75, of: • employees • directors (including single directors of a service company) • ‘salaried’ partners taxed under PAYE • equity partners • sole traders, and • any

Identifying the relevant market is the process of market definition that is necessary for all forms of competition analysis, whether assessing dominance, agreements or merger review. The relevant market identifies the focal product, relevant geographic area and time-frame and lays the foundation for identifying the competitive constraints acting on a supplier, particular product or service.

The UK Office of Fair Trading and UK Competition Commission only have jurisdiction to review mergers that create, or may be expected to create a 'relevant merger situation'. If the EU Commission is reviewing a proposed merger (concentration), the UK competition authorities have no competence to review the merger.

Two or more enterprises (or businesses) must 'cease to be distinct', and the target's size or the transaction's impact on competition is large enough to meet one of the UK's jurisdictional threshold tests, and the transaction is within the time limit for review.

“relevant office” means— (i) in the case of High Court proceedings in a Chancery district registry, that registry; (ii) in the case of any other High Court proceedings, Chancery Chambers at the Royal Courts of Justice, Strand, London, WC2A 2LL; and (iii) in the case of County Court proceedings, the office of the County Court hearing centre in question

An individual who either does not qualify for UK relief on contributions paid to a registered pension scheme because they are not a ‘relevant UK individual’ as defined in the Finance Act 2004, s 178 or an individual who is not employed by a UK resident employer and only qualifies for UK relief on pension contributions because they were resident in the UK both during five years immediately before the tax year under consideration and when they became a member of the registered pension scheme.

A category of trust property which is subject to a special regime for inheritance tax.

The inheritance tax regime contained in IHTA 1984, ss 58–85 under which inheritance tax is charged on relevant property.

A trust that includes relevant property. Relevant property trusts are subject to the relevant property regime for inheritance tax purposes.