Part 2Trading income
Chapter 2Income taxed as trade profits
Charge to tax on trade profits
6Territorial scope of charge to tax
1
Profits of a trade arising to a UK resident are chargeable to tax under this Chapter wherever the trade is carried on.
F31A
Profits of a trade of dealing in or developing UK land arising to a non-UK resident are chargeable to tax under this Chapter wherever the trade is carried on.
2
Profits of a trade F2other than a trade of dealing in or developing UK land arising to a non-UK resident are chargeable to tax under this Chapter only if they arise—
a
from a trade carried on wholly in the United Kingdom, or
b
in the case of a trade carried on partly in the United Kingdom and partly elsewhere, from the part of the trade carried on in the United Kingdom.
F12A
If the tax year is a split year as respects a UK resident individual, this section has effect as if, for the overseas part of that year, the individual were non-UK resident.
3
This section applies to professions and vocations as it applies to trades.