Income Tax (Earnings and Pensions) Act 2003 section 554OA

Exclusions: transfer of employment-related loans

Section 554OA provides an exclusion from the Part 7A disguised remuneration charge when a small employment-related loan is transferred to a new employer, provided certain conditions are met.

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.