Part 5Employment income: deductions allowed from earnings
Chapter 1Deductions allowed from earnings: general rules
Introduction
327Deductions from earnings: general
(1)
This Part provides for deductions that are allowed from the taxable earnings from an employment in a tax year in calculating the net taxable earnings from the employment in the tax year for the purposes of Part 2 (see section 11(1)).
(2)
In this Part, unless otherwise indicated by the context—
(a)
references to the earnings from which deductions are allowed are references to the taxable earnings mentioned in subsection (1), and
(b)
references to the tax year are references to the tax year mentioned there.
(3)
The deductions for which this Part provides are those allowed under—
Chapter 2 (deductions for employee’s expenses),
Chapter 3 (deductions from benefits code earnings),
Chapter 4 (fixed allowances for employee’s expenses),
Chapter 5 (deductions for earnings representing benefits or reimbursed expenses), and
Chapter 6 (deductions from seafarers' earnings).
(4)
Further provision about deductions from earnings is made in—
section 232 (giving effect to mileage allowance relief),
F1... and
section 262 of CAA 2001 (capital allowances to be given effect by treating them as deductions from earnings).
(5)
Further provision about deductions from income including earnings is made in—
Part 12 (payroll giving), F2and
sections 188 to 194 of FA 2004 (contributions to registered pension schemes).