E1.605 Relief for delayed remittances
The legislation described in this article does not apply from 2008–09 onwards, as to which see E6.324Bonwards.
Sometimes, income will be remitted in a particular year because it could not be remitted in an earlier tax year as a result of circumstances outside the taxpayer's control. Such remittances are known as delayed remittances.
Before 2008/09, under the provisions described in this article relief was available for delayed remittances, provided that certain conditions were met1. The relief was based on that previously in TA 1988, s 585.
Where a claim was made for relevant foreign income to be charged to tax on the remittance basis (see E1.603), the person liable for the tax could