Paragraph 196
(1)
Amend section 10ZA (liability of third party provider of benefits in kind) as follows.
(2)
In subsection (1)(a) for “an emolument” substitute “ general earnings ”.
(3)
Amend subsection (1)(b) as follows—
(a)
for “the emolument, in so far as it is one in respect of which” substitute “ the general earnings, in so far as they are ones in respect of which ”;
(b)
for “consists” substitute “ consist ”.
(4)
In subsection (2), in the words after paragraph (b) for “an emolument” substitute “ general earnings ”.
(5)
In subsection (6) for “section 168(4) of the Income and Corporation Taxes Act 1988” substitute “ section 721(5) of ITEPA 2003 ”.