2024 No. 287
The Income Tax (Exemption of Social Security Benefits) Regulations 2024
Made
Laid before the House of Commons
Coming into force
The Treasury make these Regulations in exercise of the powers conferred by section 13(1) of the Finance Act 20201.
Citation, commencement and interpretation1
1
These Regulations may be cited as the Income Tax (Exemption of Social Security Benefits) Regulations 2024 and come into force on 1st April 2024.
2
In these Regulations, “ITEPA” means the Income Tax (Earnings and Pensions) Act 20032.
Amendment to the Income Tax (Earnings and Pensions) Act 20032
1
Chapter 5 of Part 10 of ITEPA (social security income) is amended as follows.
2
In section 677(1)3, in Table B (UK social security benefits wholly exempt from tax: Table B), in Part 1 (benefits payable under primary legislation and Northern Ireland welfare supplementary payments etc), at the appropriate place insert—
Modification to the Income Tax (Earnings and Pensions) Act 20033
1
Chapter 5 of Part 10 of ITEPA (social security income) is modified as follows.
2
Section 677(1) has effect as if, in Table B (UK social security benefits wholly exempt from tax: Table B), in Part 1 (benefits payable under primary legislation and Northern Ireland welfare supplementary payments etc), at the appropriate place there were inserted—
(This note is not part of the Regulations)