Employment income, pensions and social security
21.As mentioned above, employment income is taxed under Schedule E in ICTA. During the course of the work leading up to the production of this Act, it became apparent that it would be more sensible to rewrite the whole of Schedule E, rather than just picking out those parts relevant to employment income.
22.The grouping of employment income, pensions and social security income represents income within Schedule E as set out in section 19 of ICTA. Rewriting the charging provisions for these categories of income makes possible a repeal of Schedule E as a whole.
23.In order to have all the charging provisions relating to pensions in one place, Part 9 of the Act also includes some pensions within Schedule D as set out in section 18 of ICTA.