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The Income Tax (Professional Fees) Order 2012

S.I. 2012/3004 · Made 30 November 2012

Original text. legislation.gov.uk does not revise statutory instruments, so later amendments are not shown here. Changes made to it are listed under each provision when known.

Income Tax

Made 30th November 2012

Coming into force 1st December 2012

The Commissioners for Her Majesty’s Revenue and Customs, in exercise of the powers conferred upon them by section 343(3) and (4) of the Income Tax (Earnings and Pensions) Act 2003f1, make the following Order:

Annotations to the whole text

Footnotes

f1

2003 c.1; subsections (3) and (4) of section 343 were amended by paragraphs 101, 102(2) and 102(3)(e) of Schedule 4 to the Commissioners for Revenue and Customs Act 2005 (c.11).

Contents

  1. 1Citation and commencement
  2. 2Addition of fees to the Table in section 343(2) of the Income Tax (Earnings and Pensions) Act 2003
  3. Signature
  4. Explanatory note

1Citation and commencement

This Order may be cited as the Income Tax (Professional Fees) Order 2012 and comes into force on 1st December 2012.

2Addition of fees to the Table in section 343(2) of the Income Tax (Earnings and Pensions) Act 2003

In section 343 of the Income Tax (Earnings and Pensions) Act 2003f1 (deduction for professional membership fees), at the end of the Table in subsection (2) insert—

“Occupations in the gambling industry

16.

Fee payable—

(a)

on applying for a personal licence from the Gambling Commission under the Gambling Act 2005f2, or

(b)

on applying to vary such a licence.

17.

Any fee payable to the Gambling Commission under section 132 of that Act.”

Signature

Jim Harra

Ruth Owen

Two of the Commissioners for Her Majesty’s Revenue and Customs

30th November 2012

Explanatory note

(This note is not part of the Order)

Section 343 of the Income Tax (Earnings and Pensions) Act 2003 (c.1) provides for a deduction from the earnings of an employment for an amount paid in respect of a professional fee. “Professional fee” means a fee mentioned in the Table in subsection (2) of the section. Under subsections (3) and (4) of section 343 the Commissioners for Her Majesty’s Revenue and Customs may by order add fees to the Table.

This Order adds to the Table the fees payable under the Gambling Act 2005 (c.19) on the application for or variation of a personal licence, and any fee payable under section 132 of that Act. Section 127 of that Act explains the nature of a personal licence.

A Tax Information and Impact Note covering this instrument will be published on the HMRC website at http://www.hmrc.gov.uk/thelibrary/tiins.htm.