EIM20610 | The benefits code: deductions for expenses payments received

Section 72(2) and (3) ITEPA 2003

A director or employee, (except for 2015 to 2016 and earlier one in an excluded employment (EIM20007)), can obtain a deduction in respect of any expenses payments received which satisfy the conditions of the following (all references to ITEPA 2003):

• necessary expenses in section 336 (EIM31620 onwards)

• various travel expenses in sections 337 to 342 (EIM31800 onwards)

• professional fees and annual subscriptions in sections 343 and 344 (EIM32880)

• employee liabilities and indemnity insurance in section 346 (EIM30500)

• the expenses of ministers of religion in section 351 (EIM60040) and

• earnings charged on remittance in section 353 (EIM40301 onwards)

See example EIM20607.