Paragraph 2 F1

United Kingdom

(1)

This paragraph applies where—

(a)

any payment or benefit would (apart from paragraph 1 above) constitute emoluments of an employment for any purpose of Case I or Case II of Schedule E, and

(b)

by virtue of that paragraph it is treated as not being such emoluments.

(2)

The payment or benefit shall be treated as not being emoluments of the employment for any purpose of Case III of Schedule E.

Annotations

Textual amendments

F1: Sch. 11A inserted (27.7.1993) by 1993 c. 34, s. 76, Sch. 5 para.2

Notes on Schedule 11A

Textual amendments

F1: Sch. 11A repealed (6.4.2003 with effect in accordance with s. 723(1) of the repealing Act) by Income Tax (Earnings and Pensions) Act 2003 (c. 1), Sch. 6 para. 115, Sch 8 Pt. 1 (with Sch. 7)
F2: Sch. 11A inserted (27.7.1993) by Finance Act 1993 (c. 34), s. 76, Sch. 5 para. 2

Notes on Part I

Textual amendments

F1: Sch. 11A inserted (27.7.1993) by 1993 c. 34, s. 76, Sch. 5 para.2