Income Tax (Earnings and Pensions) Act 2003 section 29

Meaning of earnings "for" a tax year

Section 29 explains how to determine which tax year general earnings should be allocated to.

• General earnings are treated as being "for" the period in which they are earned or to which they otherwise relate.
• If that period falls within a single tax year, the earnings are simply regarded as being "for" that tax year.
• If the period spans two or more tax years, the earnings must be split between those years on a just and reasonable basis.
• This section does not override specific provisions in Part 3 of the Act that deem certain amounts to be earnings for a particular tax year.