2In section 15 of the Taxes Act 1988 (the Schedule A charge), after subsection (1) insert—
“(1A)In the case of a company which is not resident in the United Kingdom—
(a)businesses carried on and transactions entered into by it the profits of which are within the charge to corporation tax under Schedule A, and
(b)businesses carried on and transactions entered into by it the profits of which are within the charge to income tax under Schedule A,
are treated as separate Schedule A businesses.”.