Income Tax (Earnings and Pensions) Act 2003 section 388

Apportionment of payments in respect of more than one employee

Section 388 deals with how a single payment made to a non-approved retirement benefits scheme on behalf of more than one employee should be split between those employees for tax purposes.

Access full legislation.And much more.

By becoming a member, your team gets full access to Tax World research tools and source-backed tax resources.