Income Tax (Earnings and Pensions) Act 2003 section 389

Exception: employment where earnings not within main charging provisions

Section 389 provides an exception from the tax charge on employer-financed retirement benefit schemes where the employee's earnings from the relevant employment are not taxable under the main charging provisions for employment income.

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.