[F1340ATravel between linked employmentsU.K.
(1)A deduction from earnings from an employment is allowed for travel expenses if conditions A to E are met.
(2)Condition A is that the employee is obliged to incur and pay the expenses.
(3)Condition B is that the travel—
(a)takes place within the United Kingdom, and
(b)is for the purpose of performing duties of the employment at the destination.
(4)Condition C is that the employee has performed duties of another employment at the place of departure.
(5)Condition D is that—
(a)at least one of the employments is as a director of a company (“company X”), and
(b)the other employment is also with a company (“company Y”) but not necessarily as a director of it.
(6)Condition E is that the employee was appointed as a director of company X because company Y, or a company in the same group as company Y, has a shareholding or other financial interest in company X.
(7)This section needs to be read with section 359 (disallowance of travel expenses: mileage allowances and reliefs).
(8)In this section—
“director” has the same meaning as in the benefits code (see section 67), and
“group” means a company and its 51% subsidiaries.]
Textual Amendments
F1S. 340A inserted (with effect in accordance with art. 4 of the amending S.I.) by The Enactment of Extra-Statutory Concessions Order 2014 (S.I. 2014/211), arts. 1, 2(2)