Section 361 | Scope of this Chapter: cost of benefits deductible as if paid by employee

A deduction from a person’s earnings is allowed under the following provisions of this Chapter where—

(a)the earnings include an amount treated as earnings under—

(i)Chapter 4 of Part 3 (taxable benefits: vouchers and credit-tokens),

(ii)Chapter 5 of Part 3 (taxable benefits: living accommodation), or

(iii)Chapter 10 of Part 3 (taxable benefits: residual liability to charge), and

(b)an amount in respect of the benefit in question would be deductible under Chapter 2 or 5 of this Part if the person had incurred and paid it.