Savings and Investment Manual

SAIM9080 - Deduction of tax: yearly interest: 바카라 사이트˜place of abode바카라 사이트™ of recipient

Meaning of 바카라 사이트˜place of abode바카라 사이트™

ITA07/S874 (1)(d) requires deduction of tax from a payment to a person 바카라 사이트˜whose usual place of abode is outside the United Kingdom바카라 사이트™. This phrase is distinguishable from the concept of 바카라 사이트˜residence바카라 사이트™, and is to be interpreted as follows.

Individuals

An individual바카라 사이트™s usual place of abode is outside the UK if he or she usually lives abroad, unless that arrangement is temporary.

Companies

A company whose main place of business is outside the UK will usually have its usual place of abode abroad unless it is resident here.

But a non-UK resident company that has a UK permanent establishment that is within the charge to corporation tax does not have a usual place of abode abroad.

Trustees

Trustees, including personal representatives, have a usual place of abode abroad if each trustee, considered as an individual or a company as the case may be, has a usual place of abode there. So if one trustee does not have a usual place of abode abroad, neither does the trust.