Regulation 8 Amendments to the principal Regulations

For regulation 46(2) there shall be substituted—

“(2)

The particulars specified in this paragraph are particulars of—

(a)

except as regards any emoluments falling within sub-paragraph (b) of this paragraph and any payments or benefits referred to in paragraph (4)—

(i)

any emoluments which the employee receives from the employer otherwise than in money,

(ii)

any payments made on behalf of the employee and not repaid,

(iii)

any emoluments which the employee is treated by section 141(1) of the Taxes Act as having received in that year by reason of the provision of a non-cash voucher by the employer,

(iv)

any emoluments which the employee is treated by section 142(1) of the Taxes Act as having received in that year by reason of the provision of a credit-token by the employer, and

(v)

any living accommodation which has been provided for the employee or for members of his family or household by the employer and of the amount of any emoluments of which the employee is treated by virtue of section 145 or 146 of the Taxes Act^f1, or by virtue of those sections together, as being in receipt in respect of that accommodation, and

(b)

any emoluments consisting of the amount by which the total value to the employee found under paragraph 24(2) of Schedule 11A to the Taxes Act exceeds the qualifying limit for the time being specified in paragraph 24(9) of that Schedule and having effect in relation to that employee.”