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Legislation
Income Tax (Earnings and Pensions) Act 2003

Crossheading Special rules for scholarships

  • Section 211 Special rules for scholarships: introduction
  • Section 212 Scholarships provided under arrangements entered into by employer or connected person
  • Section 213 Exception for certain scholarships under trusts or schemes
  • Section 214 Scholarships: cost of the benefit
  • Section 215 Limitation of exemption for scholarship income in section 776(1) of ITTOIA 2005
  1. Special rules for scholarships
  2. Scholarships: cost of the benefit

Section 214 | Scholarships: cost of the benefit

From legislation.gov.uk

If an employment-related benefit consists in the provision of a scholarship from a trust fund—

(a)section 204 does not apply, and

(b)the cost of the benefit is the total of the payments made from the fund to the person holding the scholarship.

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