Finance Act 2011 (c. 11)

SCHEDULES

SCHEDULE 2 U.K. Employment income provided through third parties

Other amendments to ITEPA 2003 U.K.

12 (1) Amend section 271 (income tax exemptions: removal benefits and expenses) as follows. U.K.

(2) In subsection (1) after “earnings” insert “ or by virtue of Part 7A ”.

(3) In subsection (2) for “Subsection” substitute “ In relation to earnings, subsection ”.

(4) After subsection (2) insert—

“(2A) In relation to Part 7A, subsection (1) does not apply to any amount so far as the amount (disregarding this section and section 554P) would count as employment income to which section 554Z9 or 554Z10 would apply.”