I5.1123 Income arising under a settlement
Income arising under a settlement includes any income chargeable to income tax (by deduction or otherwise), and any income which would have been so chargeable if it had been received in the UK by a person domiciled, resident (and before 2013/14, ordinarily resident, see E6.124F) in the UK1.
If, for a tax year, the settlor is chargeable on the remittance basis (see E6.324A ), income arising under a settlement includes, in relation to any 'relevant foreign income' (see E1.602) arising in that tax year, only any amount of it remitted to the UK (whether in
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