# Income Tax (Earnings and Pensions) Act 2003, Section 419: Negative amounts treated as nil


If the result given by any formula under any provision of this Part would otherwise be a negative amount, the result is to be taken to be nil instead.

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Source: https://www.legislation.gov.uk/ukpga/2003/1/section/419 (the official version)
Page: https://openlegislation.uk/income-tax-earnings-and-pensions-act-2003/section-419
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.