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Legislation
Income Tax (Earnings and Pensions) Act 2003

Chapter 3 Taxable benefits: expenses payments

  • Section 70 Sums in respect of expenses
  • Section 71 Meaning of paid or put at disposal by reason of the employment
  • Section 72 Sums in respect of expenses treated as earnings
  1. Chapter 3 · Taxable benefits: expenses payments
  2. Sums in respect of expenses treated as earnings

Section 72 | Sums in respect of expenses treated as earnings F1

From legislation.gov.uk

(1)If this Chapter applies to a sum, the sum is to be treated as earnings from the employment for the tax year in which it is paid or paid away.

(2)Subsection (1) does not prevent the making of a deduction allowed under any of the provisions listed in subsection (3).

(3)The provisions are—

Notes

  1. F1

    Words in s. 72(3) inserted (with effect in accordance with art. 4 of the amending S.I.) by The Enactment of Extra-Statutory Concessions Order 2014 (S.I. 2014/211), arts. 1, 3

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