Skip to main content
Taxworld Logo
  • Membership
  • Tax Guide 2025–26 All Tax Guides Finance Act 2025 All Finance Acts See all publications →
  • Tax Planning for Non-Doms: Ireland 2024 See all events →
  • Blog Legislation
  • Company
Log in Get Started 🇮🇪
Get Started
Taxworld Logo
Membership
Publications
Tax Guide 2025–26 All Tax Guides Finance Act 2025 All Finance Acts See all publications
Events
Tax Planning for Non-Doms: Ireland 2024 See all events
Resources
Blog Legislation
Company
Log in Get Started

Income Tax (Earnings and Pensions) Act 2003

▸ Part 1 – Overview (ss 1-2)
  • Section 1 – Overview of contents of this Act [ITEPA 2003 s 1]
  • Section 2 – Abbreviations and defined expressions [ITEPA 2003 s 2]
▸ Part 2 – Employment income: charge to tax (ss 3-61X)
  • ▸ Chapter 1 – Introduction (ss 3-5)
    • Section 3 – Structure of employment income Parts [ITEPA 2003 s 3]
    • Section 4 – “Employment” for the purposes of the employment income Parts [ITEPA 2003 s 4]
    • Section 5 – Application to offices and office-holders [ITEPA 2003 s 5]
  • ▸ Chapter 2 – Tax on employment income (ss 6-8)
    • Section 6 – Nature of charge to tax on employment income [ITEPA 2003 s 6]
    • Section 7 – Meaning of “employment income”, “general earnings” and “specific employment income” [ITEPA 2003 s 7]
    • Section 8 – Meaning of “exempt income” [ITEPA 2003 s 8]
  • ▸ Chapter 3 – Operation of tax charge (ss 9-13)
    • Section 9 – Amount of employment income charged to tax [ITEPA 2003 s 9]
    • Section 10 – Meaning of “taxable earnings” and “taxable specific income” [ITEPA 2003 s 10]
    • Section 11 – Calculation of “net taxable earnings” [ITEPA 2003 s 11]
    • Section 12 – Calculation of “net taxable specific income” [ITEPA 2003 s 12]
    • Section 13 – Person liable for tax [ITEPA 2003 s 13]
  • ▸ Chapter 4 – Taxable earnings: UK resident employees (ss 14-19)
    • Taxable earnings (s 14)
    • UK resident employees (s 15)
    • Year for which general earnings are earned (ss 16-17)
    • When general earnings are received (ss 18-19)
  • ▸ Chapter 5 – Taxable earnings: remittance basis rules and rules for non-uk resident employees (ss 20-41ZA)
    • Taxable earnings (s 20)
    • Remittance basis rules for employees outside section 26 (ss 21-24B)
    • Remittance basis rules: employees who met section 26A requirement (ss 25-26A)
    • Employees not resident in the UK (s 27)
    • Special class of earnings for purposes of sections 25 to 27 (s 28)
    • Year of which general earnings are earned (ss 29-34)
    • Relief for delayed remittances (ss 35-37)
    • Place of performance of duties of employment (ss 38-41)
    • Apportionment of earnings (s 41ZA)
  • ▸ Chapter 5A – Taxable Specific Income: Effect of Remittance Basis (ss 41A-41E)
    • Section 41A – Taxable specific income from employment-related securities: effect of remittance basis [ITEPA 2003 s 41A]
    • Section 41B – Section 41A: the relevant period [ITEPA 2003 s 41B]
    • Section 41C – Section 41A: foreign securities income [ITEPA 2003 s 41C]
    • Section 41D – Limit on foreign securities income where duties of associated employment performed in UK [ITEPA 2003 s 41D]
    • Section 41E – Foreign securities income: just and reasonable apportionment [ITEPA 2003 s 41E]
  • ▸ Chapter 5B – Taxable specific income from employment-related securities etc: internationally mobile employees (ss 41F-41L)
    • Section 41F – Taxable specific income: internationally mobile employees etc. [ITEPA 2003 s 41F]
    • Section 41G – Section 41F: the relevant period [ITEPA 2003 s 41G]
    • Section 41H – Section 41F: chargeable and unchargeable foreign securities income [ITEPA 2003 s 41H]
    • Section 41I – Limit on “chargeable foreign securities income” where duties of associated employment performed in UK [ITEPA 2003 s 41I]
    • Section 41J – Location of employment duties [ITEPA 2003 s 41J]
    • Section 41K – Securities income from overseas Crown employment [ITEPA 2003 s 41K]
    • Section 41L – Chargeable and unchargeable foreign securities income: just and reasonable apportionment [ITEPA 2003 s 41L]
  • ▸ Chapter 5C – Relief for new residents on foreign employment income (ss 41M-41Y)
    • Foreign employment election (s 41M)
    • Key definitions (s 41N)
    • Claim for relief (ss 41P-41T)
    • Qualifying foreign employment income (ss 41U-41Y)
    • Other rules for determining amounts of qualifying foreign employment income (ss 41Z-41Z1)
  • ▸ Chapter 6 – Disputes as to domicile or ordinary residence (ss 42-43)
    • Section 42 – Commissioners to determine dispute as to domicile or ordinary residence [ITEPA 2003 s 42]
    • Section 43 – Appeal against Commissioners' decision on domicile or ordinary residence [ITEPA 2003 s 43]
  • ▸ Chapter 7 – Application of provisions to agency workers (ss 44-47)
    • Agency workers (ss 44-46)
    • Anti-avoidance (s 46A)
    • Supplementary (s 47)
  • ▸ Chapter 8 – Application of provisions to workers under arrangements made by intermediaries (ss 48-61)
    • Application of this Chapter (ss 48-53)
    • The deemed employment payment (ss 54-56)
    • Supplementary provisions (ss 57-60)
    • When a person qualifies as small for a tax year (ss 60A-60H)
    • When a person has a UK connection (s 60I)
    • Interpretation (s 61)
  • ▸ Chapter 9 – Managed service companies (ss 61A-61J)
    • Application of this Chapter (ss 61A-61C)
    • The deemed employment payment (ss 61D-61G)
    • Supplementary provisions (ss 61H-61J)
  • ▸ Chapter 10 – Workers’ services provided to public sector through intermediaries (61K-61X)
    • Section 61K – Scope of this Chapter [ITEPA 2003 s 61K]
    • Section 61L – Meaning of “public authority” [ITEPA 2003 s 61L]
    • Section 61M – Engagements to which Chapter applies [ITEPA 2003 s 61M]
    • Section 61N – Worker treated as receiving earnings from employment [ITEPA 2003 s 61N]
    • Section 61NA – Meaning of status determination statement [ITEPA 2003 s 61NA]
    • Section 61O – Conditions where intermediary is a company [ITEPA 2003 s 61O]
    • Section 61P – Conditions where intermediary is a partnership [ITEPA 2003 s 61P]
    • Section 61Q – Calculation of deemed direct payment [ITEPA 2003 s 61Q]
    • Section 61R – Application of Income Tax Acts in relation to deemed employment [ITEPA 2003 s 61R]
    • Section 61S – Deductions from chain payments [ITEPA 2003 s 61S]
    • Section 61T – Client-led status disagreement process [ITEPA 2003 s 61T]
    • Section 61TA – Duty for client to withdraw status determination statement if it ceases to be medium or large [ITEPA 2003 s 61TA]
    • Section 61U – Information to be provided by worker or intermediary and consequences of failure [ITEPA 2003 s 61U]
    • Section 61V – Consequences of providing fraudulent information [ITEPA 2003 s 61V]
    • Section 61W – Prevention of double charge to tax and allowance of certain deductions [ITEPA 2003 s 61W]
    • Section 61WA – Anti-avoidance [ITEPA 2003 s 61WA]
    • Section 61X – Interpretation [ITEPA 2003 s 61X]
▸ Part 3 – Employment income: earnings and benefits etc. treated as earnings (ss 62-226D)
  • ▸ Chapter 1 – Earnings (ss 62)
    • Section 62 – Earnings [ITEPA 2003 s 62]
  • ▸ Chapter 2 – Taxable benefits: the benefits code (ss 63-69B)
    • Section 63 – The benefits code [ITEPA 2003 s 63]
    • Section 64 – Relationship between earnings and benefits code [ITEPA 2003 s 64]
    • Section 65 – Dispensations relating to benefits within provisions not applicable to lower-paid employment [ITEPA 2003 s 65]
    • Section 66 – Meaning of “employment” and related expressions [ITEPA 2003 s 66]
    • Section 67 – Meaning of “director” and “full-time working director” [ITEPA 2003 s 67]
    • Section 68 – Meaning of “material interest” in a company [ITEPA 2003 s 68]
    • Section 69 – Extended meaning of “control” [ITEPA 2003 s 69]
    • Section 69A – Optional remuneration arrangement [ITEPA 2003 s 69A]
    • Section 69B – Optional remuneration arrangements: supplementary [ITEPA 2003 s 69B]
  • ▸ Chapter 3 – Taxable benefits: expenses payments (ss 70-72)
    • Section 70 – Sums in respect of expenses [ITEPA 2003 s 70]
    • Section 71 – Meaning of paid or put at disposal by reason of the employment [ITEPA 2003 s 71]
    • Section 72 – Sums in respect of expenses treated as earnings [ITEPA 2003 s 72]
  • ▸ Chapter 4 – Taxable benefits: vouchers and credit-tokens (ss 73-96A)
    • Cash vouchers: introduction (ss 73-74)
    • Meaning of “cash voucher” (ss 75-77)
    • Cash vouchers: exceptions (ss 78-80)
    • Benefit of cash voucher treated as earnings (s 81)
    • Non-cash vouchers: introduction (ss 82-83)
    • Meaning of “non-cash voucher” (s 84)
    • Non-cash voucher: exceptions (ss 85-86)
    • Benefit of non-cash voucher treated as earnings (ss 87-89)
    • Credit-tokens: introduction (ss 90-91)
    • Meaning of “credit-token” (s 92)
    • Credit-tokens: exception (s 93)
    • Benefit of credit-token treated as earnings (ss 94-94A)
    • General supplementary provisions (ss 95-96A)
  • ▸ Chapter 5 – Taxable benefits: living accommodation (ss 97-113)
    • Living accommodation (s 97)
    • Exceptions (ss 98-101)
    • Benefit of living accommodation treated as earnings (s 102)
    • Calculation of cash equivalent (s 103-104)
    • Accommodation costing £75,000 or less (ss 105-105B)
    • Accommodation costing more than £75,000 (ss 106-107)
    • Apportionment of cash equivalent (s 108)
    • Other tax implications (s 109)
    • Supplementary (s 110-113)
  • ▸ Chapter 6 – Taxable benefits: cars, vans and related benefits (ss 114-172)
    • General (ss 114-119)
    • Cars: benefit treated as earnings (ss 120-121B)
    • Cars: the price of a car (ss 122-124A)
    • Cars: treatment of accessories (ss 125-131)
    • Cars: capital contributions by employee (ss 132-132A)
    • Cars: the appropriate percentage (ss 133-134)
    • Cars: appropriate percentage: first registered on or after 1st January 1998
    • Cars: appropriate percentage: first registered before 1st January 1998 (s 142)
    • Cars: unavailability or payments for private use (ss 143-145)
    • Cars: special cases (ss 146-147A)
    • Cars: reduction where shared car (s 148)
    • Car fuel: benefit treated as earnings (ss 149-153)
    • Vans: benefit treated as earnings (ss 154-155)
    • Vans: reductions of cash equivalent (s 156)
    • Reduction of cash equivalent where van is shared (s 157)
    • Reduction for payments for private use (ss 158-158A)
    • Modification of provisions where van temporarily replaced (s 159)
    • Van fuel: benefit treated as earnings (ss 160-166)
    • Cars and vans: exceptions (ss 167-169A)
    • Orders (s 170)
    • Supplementary (ss 171-172)
  • ▸ Chapter 7 – Taxable benefits: loans (ss 173-191)
    • Introduction (ss 173-174)
    • Benefit of taxable cheap loan treated as earnings (ss 175-180)
    • Calculation of amount of interest at official rate (ss 181-183)
    • Supplementary provisions relating to taxable cheap loans (ss 184-187)
    • Loan released or written off (ss 188-189)
    • General supplementary provisions (ss 190-191)
  • ▸ Chapter 8 – Taxable benefits: notional loans in respect of acquisitions of shares (ss 192-197)
    • Introduction (s 192)
    • Acquisition of shares for less than market value (ss 193-195)
    • Supplementary provisions (ss 196-197)
  • ▸ Chapter 9 – Taxable benefits: disposals of shares for more than market value (ss 198-200)
    • Section 198 – Shares to which this Chapter applies [ITEPA 2003 s 198]
    • Section 199 – Disposal for more than market value: amount treated as earnings [ITEPA 2003 s 199]
    • Section 200 – Minor definitions [ITEPA 2003 s 200]
  • ▸ Chapter 10 – Taxable benefits: residual liability to charge (ss 201-215)
    • Introduction (ss 201-202)
    • Cash equivalent of benefit treated as earnings (ss 203-203A)
    • Determination of the cost of the benefit (ss 204-206)
    • Supplementary provisions (ss 207-210)
    • Special rules for scholarships (ss 211-215)
  • ▸ Chapter 11 – Taxable benefits: exclusion of lower-paid employments from parts of benefits code (ss 216-220)
    • Introduction (s 216)
    • What is lower-paid employment (ss 217-219)
    • Treatment of related employments (s 220)
  • ▸ Chapter 12 – Payments treated as earnings (ss 221-226D)
    • Payments (ss 221-226)
    • Shares of employee shareholders (ss 226A-226D)
    • Sporting testimonial payments (s 226E)
▸ Part 4 – Employment income: exemptions (ss 227-326B)
  • ▸ Chapter 1 – Exemptions: general (ss 227-228A)
    • Section 227 – Scope of Part 4 [ITEPA 2003 s 227]
    • Section 228 – Effect of exemptions on liability under provisions outside Part 2 [ITEPA 2003 s 228]
    • Section 228A – General exclusion from exemptions: optional remuneration arrangements [ITEPA 2003 s 228A]
  • ▸ Chapter 2 – Exemptions: mileage allowances and passenger payments (ss 229-236)
    • Mileage allowances (ss 229-232)
    • Passenger payments (ss 233-234)
    • Supplementary (ss 235-236)
  • ▸ Chapter 3 – Exemptions: other transport, travel and subsistence (ss 237-249)
    • Section 237 – Parking provision and expenses [ITEPA 2003 s 237]
    • Section 237A – Vehicle-battery charging [ITEPA 2003 s 237A]
    • Section 238 – Modest private use of heavy goods vehicles [ITEPA 2003 s 238]
    • Section 239 – Payments and benefits connected with taxable cars and vans and exempt heavy goods vehicles [ITEPA 2003 s 239]
    • Section 240 – Incidental overnight expenses and benefits [ITEPA 2003 s 240]
    • Section 241 – Incidental overnight expenses and benefits: overall exemption limit [ITEPA 2003 s 241]
    • Section 241A – Travel by unpaid directors of not-for-profit companies [ITEPA 2003 s 141A]
    • Section 241B – Travel where directorship held as part of trade or profession [ITEPA 2003 s 241B]
    • Section 242 – Works transport services [ITEPA 2003 s 242]
    • Section 243 – Support for public bus services [ITEPA 2003 s 243]
    • Section 244 – Cycles and cyclist’s safety equipment [ITEPA 2003 s 244]
    • Section 245 – Travelling and subsistence during public transport strikes [ITEPA 2003 s 245]
    • Section 246 – Transport between work and home for disabled employees: general [ITEPA 2003 s 246]
    • Section 247 – Provision of cars for disabled employees [ITEPA 2003 s 247]
    • Section 248 – Transport home: late night working and failure of car-sharing arrangements [ITEPA 2003 s 248]
    • Section 248A – Emergency vehicles [ITEPA 2003 s 248A]
    • Section 249 – Interpretation of this Chapter [ITEPA 2003 s 249]
  • ▸ Chapter 4 – Exemptions: education and training (ss 250-260)
    • Work-related training (ss 250-254)
    • Persons leaving local authority care (s 254A)
    • Individual learning account training (ss 255-260)
  • ▸ Chapter 5 – Exemptions: recreational benefits (ss 261-265)
    • Recreational facilities (ss 261-263)
    • Annual parties and functions (s 264)
    • Entertainment (s 265)
  • ▸ Chapter 6 – Exemptions: non-cash vouchers and credit-tokens (ss 266-270B)
    • General exemptions: use for exempt benefits (ss 266-267)
    • Exemptions for particular non-cash vouchers and credit-tokens (ss 268-270B)
  • ▸ Chapter 7 – Exemptions: removal benefits and expenses (ss 271-289)
    • Exemption of removal benefits and expenses: general (ss 271-276)
    • Benefits and expenses within this Chapter (ss 277-286)
    • Limit on exemption (s 287)
    • Special exemption and relief for bridging loans (ss 288-289)
  • ▸ Chapter 7A – Exemptions: Amounts which would otherwise be deductible (ss 289A-289E)
    • Section 289A – Exemption for paid or reimbursed expenses [ITEPA 2003 s 289A]
    • Section 289B – Approval to pay or reimburse expenses at a flat rate [ITEPA 2003 s 289B]
    • Section 289C – Revocation of approvals [ITEPA 2003 s 289C]
    • Section 289D – Exemption for other benefits [ITEPA 2003 s 289D]
    • Section 289E – Anti-avoidance [ITEPA 2003 s 289E]
  • ▸ Chapter 8 – Exemptions: special kinds of employees (ss 290-306B)
    • Ministers of religion (ss 290-290G)
    • MPs, government ministers etc. (ss 291-295)
    • Members of local authorities etc (s 295A)
    • Armed forces (ss 296-298)
    • Crown employees (s 299)
    • Voluntary office-holders (ss 299A-299B)
    • Consuls, foreign agents etc. (ss 300-302)
    • Visiting forces and staff of designated allied headquarters (s 303)
    • Detached national experts (ss 304-304A)
    • Offshore oil and gas workers (s 305)
    • Miners etc. (s 306)
    • Carers (s 306A)
    • Professional sportspersons (s 306B)
  • ▸ Chapter 9 – Exemptions: pension provision (ss 307-308C)
    • Section 307 – Death or retirement benefit provision [ITEPA 2003 s 307]
    • Section 308 – Exemption of contributions to approved personal pension arrangements [ITEPA 2003 s 308]
    • Section 308A – Exemption of contributions to overseas pension scheme [ITEPA 2003 s 308A]
    • Section 308B – Independent advice in respect of conversions and transfers of pension scheme benefits [ITEPA 2003 s 308B]
    • Section 308C – Provision of pensions advice: limited exemption [ITEPA 2003 s 308C]
  • ▸ Chapter 10 – Exemptions: termination of employment (ss 309-312)
    • Redundancy payments (s 309)
    • Outplacement benefits (ss 310-212)
  • ▸ Chapter 10A – Exemptions: bonus payments by certain employers (ss 312A-312I)
    • Section 312A – Limited exemption for qualifying bonus payments [ITEPA 2003 s 312A]
    • Section 312B – “Qualifying bonus payments” [ITEPA 2003 s 312B]
    • Section 312C – Section 312B: the participation and equality requirements [ITEPA 2003 s 312C]
    • Section 312D – Section 312B: the trading requirement [ITEPA 2003 s 312D]
    • Section 312E – Section 312B: the indirect employee-ownership requirement [ITEPA 2003 s 312E]
    • Section 312F – Section 312B: the office-holder requirement [ITEPA 2003 s 312F]
    • Section 312G – “Service company” [ITEPA 2003 s 312G]
    • Section 312H – Excluded payments [ITEPA 2003 s 312H]
    • Section 312I – Interpretation of Chapter 10A [ITEPA 2003 s 312I]
  • ▸ Chapter 11 – Miscellaneous exemptions (ss 313-326B)
    • Living accommodation (ss 313-315)
    • Work accommodation, supplies etc. (ss 316-316A)
    • Workplace meals (s 317)
    • Childcare (ss 318-318D)
    • Telephones and computer equipment (ss 319-320)
    • Eye tests and special corrective appliances (s 320A)
    • Health-screening and medical check-ups (s 320B)
    • Recommended medical treatment (s 320C)
    • Awards and gifts (ss 321-324)
    • Overseas medical treatment (ss 325-325A)
    • Expenses incidental to sale etc. of asset (s 326)
    • Monitoring schemes (s 326A)
    • Employee shareholder agreements (s 326B)
▸ Part 5 – Employment income: deductions allowed from earnings (ss 327-385)
  • ▸ Chapter 1 – Deductions allowed from earnings: general rules (ss 327-332)
    • Introduction (s 327)
    • General rules (ss 328-332)
  • ▸ Chapter 2 – Deductions for employee’s expenses (ss 333-360A)
    • Introduction (ss 333-335)
    • General rule for deduction of employee’s expenses (s 336)
    • Travel expenses (ss 337-342)
    • Fees and subscriptions (ss 343-345)
    • Employee liabilities and indemnity insurance (ss 346-350)
    • Expenses of ministers of religion (s 351)
    • Agency fees paid by entertainers (s 352)
    • Special rules for earnings with a foreign element (ss 353-355)
    • Disallowance of business entertainment and gifts expenses (ss 356-358)
    • Other rules preventing deductions of particular kinds (ss 359-360A)
  • ▸ Chapter 3 – Deductions from benefits code earnings (ss 361-365)
    • Introduction (s 361)
    • Deductions where amounts treated as earnings under the benefits code (ss 362-365)
  • ▸ Chapter 4 – Fixed allowances for employee’s expenses (ss 366-368)
    • Introduction (s 366)
    • Fixed sum deductions (ss 367-368)
  • ▸ Chapter 5 – Deductions for earnings representing benefits or reimbursed expenses (ss 369-377)
    • Introduction (s 369)
    • Travel costs and expenses where duties performed abroad (ss 370-372)
    • Travel costs and expenses of non-resident or qualifying new resident employees where duties performed in UK (ss 373-375)
    • Foreign accommodation and subsistence costs and expenses (s 376)
    • Personal security assets and services (s 377)
  • ▸ Chapter 6 – Deductions from seafarers' earnings (ss 378-385)
    • Section 378 – Deduction from seafarers’ earnings: eligibility [ITEPA 2003 s 378]
    • Section 379 – Calculating the deduction [ITEPA 2003 s 379]
    • Section 380 – Limit on deduction where UK duties etc. make amount unreasonable [ITEPA 2003 s 380]
    • Section 381 – Taking account of other deductions [ITEPA 2003 s 381]
    • Section 382 – Duties on board ship [ITEPA 2003 s 382]
    • Section 383 – Place of performance of incidental duties [ITEPA 2003 s 383]
    • Section 384 – Meaning of employment “as a seafarer” [ITEPA 2003 s 384]
    • Section 385 – Meaning of “ship” [ITEPA 2003 s 385]
▸ Part 6 – Employment income: income which is not earnings or share-related (ss 386-416)
  • ▸ Chapter 1 – Payments to non-approved pension schemes (ss 386-392)
    • Section 386 – Charge on payments to non-approved retirement benefits schemes [ITEPA 2003 s 386]
    • Section 387 – Meaning of “non-approved retirement benefits scheme” [ITEPA 2003 s 387]
    • Section 388 – Apportionment of payments in respect of more than one employee [ITEPA 2003 s 388]
    • Section 389 – Exception: employment where earnings not within main charging provisions [ITEPA 2003 s 389]
    • Section 390 – Exception: non-domiciled employees with foreign employers [ITEPA 2003 s 390]
    • Section 391 – Exception: seafarers with overseas earnings [ITEPA 2003 s 391]
    • Section 392 – Relief where no benefits are paid or payable [ITEPA 2003 s 392]
  • ▸ Chapter 2 – Benefits from employer-financed retirement benefits schemes (ss 393-400)
    • Benefits treated as employment income (ss 393-397)
    • Valuation of benefits etc. (ss 398-399)
    • Interpretation (ss 399A-400)
  • ▸ Chapter 3 – Payments and benefits on termination of employment etc. (ss 401-416)
    • Preliminary (ss 401-402)
    • Payments and benefits treated as employment income (ss 402A-404B)
    • Exceptions and reductions (ss 405-414C)
    • General and supplementary provisions (ss 415-416)
▸ Part 7 – Employment income: income and exemptions relating to securities (ss 417-554)
  • ▸ Chapter 1 – Introduction (ss 417-421L)
    • General (ss 417-419)
    • Interpretation of Chapters 1 to 5 (ss 420-421A)
    • Application of Chapters 2 to 4A (ss 421B-421I)
    • Information (ss 421J-421L)
  • ▸ Chapter 2 – Conditional interests in shares (ss 422-434)
    • Introduction (ss 422-424)
    • Tax exemption on acquisition (s 425)
    • Tax charge on post-acquisition chargeable events (ss 426-434)
  • ▸ Chapter 3 – Convertible securities (ss 435-446)
    • Introduction (ss 435-436)
    • Tax relief on acquisition (s 437)
    • Tax charge on post-acquisition chargeable events (ss 438-443)
    • Supplementary (s 444)
  • ▸ Chapter 3A – Securities with artificially depressed market value (ss 446A-446J)
    • Introduction (s 446A)
    • Tax charge on acquisition (s 446B-446D)
    • Other tax charges (ss 446E-446IA)
    • Supplementary (s 446J)
  • ▸ Chapter 3B – Securities with artificially enhanced market value (ss 446K-446P)
    • Introduction (s 446K)
    • Charge on non-commercial increases (ss 446L-446NA)
    • Supplementary (s 446O-446P)
  • ▸ Chapter 3C – Securities acquired for less than market value (ss 446Q-446W)
    • Section 446Q – Application of this Chapter [ITEPA 2003 s 446Q]
    • Section 446R – Case outside this Chapter [ITEPA 2003 s 446R]
    • Section 446S – Notional loan [ITEPA 2003 s 446S]
    • Section 446T – Amount of notional loan [ITEPA 2003 s 446T]
    • Section 446U – Discharge of notional loan [ITEPA 2003 s 446U]
    • Section 446UA – Pre-acquisition avoidance cases [ITEPA 2003 s 446UA]
    • Section 446V – Chapter to be additional to other income tax charges [ITEPA 2003 s 446V]
    • Section 446W – Definitions [ITEPA 2003 s 446W]
  • ▸ Chapter 3D – Securities disposed of for more than market value (ss 446X-446Z)
    • Section 446X – Application of this Chapter [ITEPA 2003 s 446X]
    • Section 446Y – Amount treated as income [ITEPA 2003 s 446Y]
    • Section 446Z – Definitions [ITEPA 2003 s 446Z]
  • ▸ Chapter 4 – Post-acquisition benefits from securities (ss 447-470)
    • Section 447 – Charge on other chargeable benefits from securities [ITEPA 2003 s 447]
    • Section 448 – Amount of charge [ITEPA 2003 s 448]
    • Section 449 – Case outside this Chapter [ITEPA 2003 s 449]
    • Section 450 – Definitions [ITEPA 2003 s 450]
    • Tax charge where restrictions or rights varied (ss 451-452)
    • Tax charge on increase in value of shares of dependent subsidiaries (ss 453-456)
    • Tax charge on other benefits from shares (ss 457-460)
    • Supplementary provisions (ss 461-466)
    • Interpretation (ss 467-470)
  • ▸ Chapter 4A – Shares in research institution spin-out companies (ss 451-460)
    • Introduction (s 451)
    • Tax relief on acquisition (s 452)
    • Tax relief following acquisition (s 453)
    • Disapplication of Chapters 2 and 3B (ss 454-455)
    • Supplementary (ss 455-460)
  • ▸ Chapter 5 – Securities options (ss 471-487)
    • Introduction (ss 471-474)
    • Tax relief on acquisition of option (s 475)
    • Tax charge on post-acquisition chargeable events (ss 476-482)
    • Supplementary provisions (ss 483-484)
    • Supplementary provisions (ss 485-487)
  • ▸ Chapter 6 – Approved share incentive plans (ss 488-515)
    • Introduction (s 488)
    • Scope of tax advantages (s 489)
    • Tax advantages connected with award of shares (ss 490-493)
    • Tax advantages connected with holding of shares (ss 494-496)
    • Tax advantages connected with shares ceasing to be subject to plan (ss 497-498)
    • Tax advantages: supplementary (s 499)
    • Scope of tax charges (s 500)
    • Charges connected with holding of shares (ss 501-504)
    • Charges connected with shares ceasing to be subject to plan (ss 505-508)
    • PAYE (ss 509-514)
    • Other tax consequences (s 515)
  • ▸ Chapter 7 – Approved SAYE option schemes (ss 516-520)
    • Introduction (ss 516-517)
    • Section 517 – Share options to which this Chapter applies [ITEPA 2003 s 517]
    • Tax advantages (ss 518-520)
  • ▸ Chapter 8 – Approved CSOP schemes (ss 521-526)
    • Introduction (ss 521-522)
    • Tax advantages (ss 523-525)
    • Tax charge (s 526)
  • ▸ Chapter 9 – Enterprise management incentives (ss 527-541)
    • Introduction (s 527)
    • Tax advantages: receipt of option (s 528)
    • Tax advantages: exercise of option (ss 529-531)
    • Tax advantages where disqualifying events (ss 532-539)
    • Tax advantages: taxable benefits (s 540)
    • Other income tax consequences (s 541)
  • ▸ Chapter 10 – Priority share allocations (ss 542-548)
    • Exemption where offer made to both public and employees (ss 542-543)
    • Exemption where different offers made to public and employees (ss 544-545)
    • Supplementary provisions (ss 546-548)
  • ▸ Chapter 11 – Supplementary provisions about employee benefit trusts (ss 549-554)
    • Introduction (s 549)
    • Employee benefit trusts (ss 550-551)
    • Attribution of interests in company (ss 552-554)
▸ Part 7A – Employment income provided through third parties (ss 554A-554Z21)
  • ▸ Chapter 1 – Application etc (ss 554A-554Z1)
    • Application: main case (s 554A)
    • Application: close companies (ss 554AA-554AF)
    • Relevant steps (ss 554B-554D)
    • Exclusions (ss 554E-554Y)
    • Interpretation (ss 554Z-554Z1)
  • ▸ Chapter 2 – Treatment of relevant step for income tax purposes (ss 554Z2-554Z15)
    • Employment income (ss 554Z2-554Z8)
    • Remittance basis (ss 554Z9-554Z11A)
    • Double taxation: earlier income tax liability (ss554Z11B-554Z11G)
    • Supplementary (ss 554Z13-554Z15)
  • ▸ Chapter 3 – Undertakings given by employers etc. in relation to retirement benefits etc (ss 554Z16-554Z21)
    • Section 554Z16 – Application etc. [ITEPA 2003 s 554Z16]
    • Section 554Z17 – Employer etc. to be treated as relevant third person etc. [ITEPA 2003 s 554Z17]
    • Section 554Z18 – Earmarking etc. [ITEPA 2003 s 554Z18]
    • Section 554Z19 – Provision of security [ITEPA 2003 s 554Z19]
    • Section 554Z20 – Valuation of step within section 554Z19 [ITEPA 2003 s 554Z20]
    • Section 554Z21 – Relief for earmarking or security not followed by contribution or relevant benefit [ITEPA 2003 s 554Z21]
▸ Part 8 – Former employees: deductions for liabilities (ss 555-564)
  • ▸ Deductions in calculating net income (ss 555-557)
    • Section 555 – Former employee entitled to deduction in calculating net income [ITEPA 2003 s 555]
    • Section 556 – Deductible payments made outside the time limits allowed [ITEPA 2003 s 556]
    • Section 556A – Deductible payments made pursuant to tax avoidance arrangements [ITEPA 2003 s 556A]
    • Section 557 – Deductible payments wholly or partly borne by the former employer etc. [ITEPA 2003 s 557]
  • ▸ Interpretation (ss 558-564)
    • Section 558 – Meaning of “deductible payment” [ITEPA 2003 s 558]
    • Section 559 – Liabilities related to the former employment [ITEPA 2003 s 559]
    • Section 560 – Meaning of “qualifying insurance contract” [ITEPA 2003 s 560]
    • Section 561 – Connected contracts [ITEPA 2003 s 561]
    • Section 562 – Meaning of “former employee” and “employment” [ITEPA 2003 s 562]
    • Section 563 – Other interpretation [ITEPA 2003 s 563]
    • Section 564 – Application of this Part to office-holders [ITEPA 2003 s 564]
▸ Part 9 – Pension income (ss 565-654)
  • ▸ Chapter 1 – Introduction (ss 565)
    • Section 565 – Structure of Part 9 [ITEPA 2003 s 565]
  • ▸ Chapter 2 – Tax on pension income (ss 566-568)
    • Section 566 – Nature of charge to tax on pension income and relevant definitions [ITEPA 2003 s 566]
    • Section 567 – Amount charged to tax [ITEPA 2003 s 567]
    • Section 567A – Cases in which Part 7A has applied to source of pension income [ITEPA 2003 s 567A]
    • Section 568 – Person liable for tax [ITEPA 2003 s 568]
  • ▸ Chapter 3 – United Kingdom pensions: general rules (ss 569-572A)
    • Section 569 – United Kingdom pensions [ITEPA 2003 s 569]
    • Section 570 – “Pension”: interpretation [ITEPA 2003 s 570]
    • Section 571 – Taxable pension income [ITEPA 2003 s 571]
    • Section 572 – Person liable for tax [ITEPA 2003 s 572]
    • Section 572A – Temporary non-residents [ITEPA 2003 s 572A]
  • ▸ Chapter 4 – Foreign pensions: general rules (ss 573-576A)
    • Section 573 – Foreign pensions [ITEPA 2003 s 573]
    • Section 574 – “Pension”: interpretation [ITEPA 2003 s 574]
    • Section 574A – “Pension”: relevant lump sums
    • Section 575 – Taxable pension income [ITEPA 2003 s 575]
    • Section 576 – Person liable for tax [ITEPA 2003 s 576]
    • Section 576A – Temporary non-residents [ITEPA 2003 s 576A]
  • ▸ Chapter 5 – United Kingdom social security pensions (ss 577-579)
    • Section 577 – United Kingdom social security pensions [ITEPA 2003 s 577]
    • Section 578 – Taxable pension income [ITEPA 2003 s 578]
    • Section 579 – Person liable for tax [ITEPA 2003 s 579]
  • ▸ Chapter 5A – Pensions under registered pension schemes (ss 579A-579D)
    • Section 579A – Pensions [ITEPA 2003 s 579A]
    • Section 579B – Taxable pension income [ITEPA 2003 s 579B]
    • Section 579C – Person liable for tax [ITEPA 2003 s 579C]
    • Section 579CZA – Exemption for beneficiaries’ income withdrawal in some cases [ITEPA 2003 s 579CZA]
    • Section 579CA – Temporary non-residents [ITEPA 2003 s 579CA]
    • Section 579D – Interpretation [ITEPA 2003 s 579D]
  • ▸ Chapter 6 – Approved retirement benefits schemes (ss 580-589)
    • Pensions and annuities (ss 580-582)
    • Unauthorised payments (ss 583-585)
    • Interpretation etc. (ss 586-589)
  • ▸ Chapter 7 – Former approved superannuation funds (ss 590-594)
    • Annuities (ss 590-592)
    • Unauthorised payments (s 593)
    • Interpretation (s 594)
  • ▸ Chapter 8 – Approved personal pension schemes (ss 595-604)
    • Annuities (ss 595-597)
    • Income withdrawals (ss 598-600)
    • Unauthorised personal pension payments (ss 601-603)
    • Interpretation (s 604)
  • ▸ Chapter 9 – Retirement annuity contracts (ss 605-608)
    • Section 605 – Annuities [ITEPA 2003 s 605]
    • Section 606 – Meaning of “retirement annuity contract” [ITEPA 2003 s 606]
    • Section 607 – Taxable pension income [ITEPA 2003 s 607]
    • Section 608 – Person liable for tax [ITEPA 2003 s 608]
  • ▸ Chapter 10 – Other employment-related annuities (ss 609-614)
    • Section 609 – Annuities for the benefit of dependants [ITEPA 2003 s 609]
    • Section 610 – Annuities under non-registered occupational pension schemes [ITEPA 2003 s 610]
    • Section 611 – Annuities in recognition of another’s services [ITEPA 2003 s 611]
    • Section 611A – Exemptions from sections 609 to 611 [ITEPA 2003 s 611A]
    • Section 612 – Taxable pension income: UK annuities [ITEPA 2003 s 612]
    • Section 613 – Taxable pension income: foreign annuities [ITEPA 2003 s 613]
    • Section 614 – Person liable for tax [ITEPA 2003 s 614]
  • ▸ Chapter 11 – Certain overseas government pensions paid in the UK (ss 615-618)
    • Section 615 – Certain overseas government pensions paid in the United Kingdom [ITEPA 2003 s 615]
    • Section 616 – Taxable pension income [ITEPA 2003 s 616]
    • Section 617 – Deduction allowed from taxable pension income [ITEPA 2003 s 617]
    • Section 618 – Person liable for tax [ITEPA 2003 s 618]
  • ▸ Chapter 12 – House of Commons Members' Fund (ss 619-622)
    • Section 619 – The House of Commons Members’ Fund [ITEPA 2003 s 619]
    • Section 620 – Meaning of “House of Commons Members’ Fund” [ITEPA 2003 s 620]
    • Section 621 – Taxable pension income [ITEPA 2003 s 621]
    • Section 622 – Person liable for tax [ITEPA 2003 s 622]
  • ▸ Chapter 13 – Return of surplus employee additional voluntary contributions (ss 623-628)
    • Section 623 – Return of surplus employee additional voluntary contributions [ITEPA 2003 s 623]
    • Section 624 – Taxable pension income [ITEPA 2003 s 624]
    • Section 625 – Person liable for tax [ITEPA 2003 s 625]
    • Section 626 – Income tax treated as paid [ITEPA 2003 s 626]
    • Section 627 – Meaning of “grossing up” [ITEPA 2003 s 627]
    • Section 628 – Interpretation [ITEPA 2003 s 628]
  • ▸ Chapter 14 – Pre-1973 pensions paid under the Overseas Pensions Act 1973 (ss 629-632)
    • Section 629 – Pre-1973 pensions paid under the Overseas Pensions Act 1973 [ITEPA 2003 s 629]
    • Section 630 – Interpretation [ITEPA 2003 s 630]
    • Section 631 – Taxable pension income [ITEPA 2003 s 631]
    • Section 632 – Person liable for tax [ITEPA 2003 s 632]
  • ▸ Chapter 15 – Voluntary annual payments (ss 633-636)
    • Section 633 – Voluntary annual payments [ITEPA 2003 s 633]
    • Section 634 – Taxable pension income: UK voluntary annual payments [ITEPA 2003 s 634]
    • Section 635 – Taxable pension income: foreign voluntary annual payments [ITEPA 2003 s 635]
    • Section 636 – Person liable for tax [ITEPA 2003 s 636]
  • ▸ Chapter 15A – Lump sums under registered pension schemes (ss 637-637S)
    • Introduction (s 637)
    • Tax treatment of authorised lump sums (ss 637A-637G)
    • Tax treatment of authorised lump sum death benefits (ss 637H-637N)
    • Allowances (ss 637P-637U)
  • ▸ Chapter 16 – Exemption for certain lump sums (ss 637)
    • ...
  • ▸ Chapter 17 – Exemptions: any taxpayer (ss 638-646F)
    • Section 638 – Awards for bravery [ITEPA 2003 s 638]
    • Section 639 – Pensions in respect of death due to military or war service [ITEPA 2003 s 639]
    • Section 640 – Exemption under section 639 where income withheld [ITEPA 2003 s 640]
    • Section 640A – Lump sums provided under armed forces early departure scheme [ITEPA 2003 s 640A]
    • Section 641 – Wounds and disability pensions [ITEPA 2003 s 641]
    • Section 642 – Compensation for National-Socialist persecution [ITEPA 2003 s 642]
    • Section 642A – Netherlands Benefit Act for Victims of Persecution 1940-1945 [ITEPA 2003 s 642A]
    • Section 643 – Malawi, Trinidad and Tobago and Zambia government pensions [ITEPA 2003 s 643]
    • Section 644 – Pensions payable where employment ceased due to disablement [ITEPA 2003 s 644]
    • Section 644A – Health and employment insurance payments [ITEPA 2003 s 644A]
    • Section 645 – Social security pensions: increases in respect of children [ITEPA 2003 s 645]
    • Section 646 – Former miners etc.: coal and allowances in lieu of coal [ITEPA 2003 s 646]
    • Section 646A – Foreign pensions of consular employees [ITEPA 2003 s 646A]
    • Section 646B – Registered schemes: beneficiaries' annuities from unused funds [ITEPA 2003 s 646B]
    • Section 646C – Registered schemes: beneficiaries' annuities from drawdown funds [ITEPA 2003 s 646C]
    • Section 646D – Non-registered schemes: beneficiaries' annuities from unused funds [ITEPA 2003 s 646D]
    • Section 646E – Non-registered schemes: beneficiaries' annuities from drawdown funds [ITEPA 2003 s 646E]
    • Section 646F – Interpretation of sections 646B to 646E [ITEPA 2003 s 646F]
  • ▸ Chapter 18 – Exemptions: Non-UK resident taxpayers (ss 647-654)
    • Section 647 – Introduction and meaning of “foreign residence condition” etc. [ITEPA 2003 s 647]
    • Section 648 – The Central African Pension Fund [ITEPA 2003 s 648]
    • Section 649 – Commonwealth government pensions [ITEPA 2003 s 649]
    • Section 650 – Oversea Superannuation Scheme [ITEPA 2003 s 650]
    • Section 651 – Overseas Pensions Act 1973 [ITEPA 2003 s 651]
    • Section 652 – Overseas Service Act 1958 [ITEPA 2003 s 652]
    • Section 653 – Overseas Service Pensions Fund [ITEPA 2003 s 653]
    • Section 654 – The Pensions (India, Pakistan and Burma) Act 1955 [ITEPA 2003 s 654]
▸ Part 10 – Social security income (ss 655-681H)
  • ▸ Chapter 1 – Introduction (ss 655)
    • Section 655 – Structure of Part 10 [ITEPA 2003 s 655]
  • ▸ Chapter 2 – Tax on social security income (ss 656-659)
    • Section 656 – Nature of charge to tax on social security income [ITEPA 2003 s 650]
    • Section 657 – Meaning of “social security income”, “taxable benefits” etc. [ITEPA 2003 s 657]
    • Section 658 – Amount charged to tax [ITEPA 2003 s 658]
    • Section 659 – Person liable for tax [ITEPA 2003 s 659]
  • ▸ Chapter 3 – Taxable UK social security benefits (ss 660-662)
    • Section 660 – Taxable benefits: UK benefits - Table A [ITEPA 2003 s 660]
    • Section 661 – Taxable social security income [ITEPA 2003 s 661]
    • Section 662 – Person liable for tax [ITEPA 2003 s 662]
  • ▸ Chapter 4 – Taxable UK social security benefits: exemptions (ss 663-676)
    • Incapacity benefit (ss 663-664)
    • Income support and relevant welfare supplementary payments (ss 665-669)
    • Jobseeker’s allowance and relevant welfare supplementary payments (ss 670-675)
    • Increases in respect of children (s 676)
  • ▸ Chapter 5 – UK social security benefits wholly exempt from income tax (ss 677)
    • Section 677 – UK social security benefits wholly exempt from tax: Table B [ITEPA 2003 s 677]
  • ▸ Chapter 6 – Taxable foreign benefits (ss 678-680)
    • Section 678 – Taxable benefits: foreign benefits [ITEPA 2003 s 678]
    • Section 679 – Taxable social security income [ITEPA 2003 s 679]
    • Section 680 – Person liable for tax [ITEPA 2003 s 680]
  • ▸ Chapter 7 – Taxable and other foreign benefits: exemptions (ss 681-681A)
    • Section 681 – Taxable and other foreign benefits: exemptions [ITEPA 2003 s 681]
    • Section 681A – Foreign benefits of consular employees [ITEPA 2003 s 681A]
  • ▸ Chapter 8 – High income child benefit charge (ss 681B-681H)
    • Section 681B – High income child benefit charge [ITEPA 2003 s 681B]
    • Section 681C – The amount of the charge [ITEPA 2003 s 681C]
    • Section 681D – Extension of charge in cases where child not living with claimant [ITEPA 2003 s 681D]
    • Section 681E – Special cases [ITEPA 2003 s 681E]
    • Section 681F – Alteration of income limit, etc. by Treasury order [ITEPA 2003 s 681F]
    • Section 681G – Meaning of "partner" [ITEPA 2003 s 681G]
    • Section 681H – Other interpretation provisions [ITEPA 2003 s 681H]
▸ Part 11 – Pay As You Earn (ss 682-712)
  • ▸ Chapter 1 – Introduction (ss 682-683)
    • Section 682 – Scope of this Part [ITEPA 2003 s 682]
    • Section 683 – PAYE income [ITEPA 2003 s 683]
  • ▸ Chapter 2 – PAYE: general (ss 684-686)
    • Section 684 – PAYE regulations [ITEPA 2003 s 684]
    • Section 685 – Tax tables [ITEPA 2003 s 685]
    • Section 686 – Meaning of “payment” [ITEPA 2003 s 686]
  • ▸ Chapter 3 – PAYE: special types of payer or payee (ss 687-692)
    • Section 687 – Payments by intermediary [ITEPA 2003 s 687]
    • Section 687A – Payment of employment income under Part 7A [ITEPA 2003 s 687A]
    • Section 688 – Agency workers [ITEPA 2003 s 688]
    • Section 688A – Managed service companies: recovery from other persons [ITEPA 2003 s 688A]
    • Section 688AA – Workers' services provided through intermediaries: recovery of PAYE [ITEPA 2003 s 688AA]
    • Section 688AB – Workers’ providing services through intermediaries etc: cases where taxes already paid [ITEPA 2003 s 688AB]
    • Section 688B – Travel expenses of workers providing services through intermediaries: recovery of unpaid tax [ITEPA 2003 s 688B]
    • Section 689 – Employee of non-UK employer [ITEPA 2003 s 689]
    • Section 689A – Oil and gas workers on the continental shelf [ITEPA 2003 s 689A]
    • Section 690 – Employee non-resident etc. [ITEPA 2003 s 690]
    • Section 690A – Employer notification for internationally mobile employees [ITEPA 2003 s 690A]
    • Section 690B – Direction by HMRC in relation to internationally mobile employees [ITEPA 2003 s 690B]
    • Section 690C – Employees who were internationally mobile etc. before 2025-26 [ITEPA 2003 s 690C]
    • Section 690D – Employer notification for qualifying new residents [ITEPA 2003 s 690D]
    • Section 690E – Direction by HMRC in relation to qualifying new residents [ITEPA 2003 s 690E]
    • Section 691 – Mobile UK workforce [ITEPA 2003 s 691]
    • Section 692 – Organised arrangements for sharing tips [ITEPA 2003 s 692]
  • ▸ Chapter 4 – PAYE: special types of income (ss 693-702)
    • Income provided by means of vouchers and tokens (ss 693-695)
    • Income provided in other ways (ss 695A-700A)
    • Supplemental (ss 701-702)
  • ▸ Chapter 5 – PAYE Settlement Agreements (ss 703-707)
    • Section 703 – Introduction [ITEPA 2003 s 703]
    • Section 704 – Sums payable by employers under agreements [ITEPA 2003 s 704]
    • Section 705 – Approximations allowed in calculations [ITEPA 2003 s 705]
    • Section 706 – Exclusion of general earnings from income etc. [ITEPA 2003 s 706]
    • Section 707 – Interpretation of this Chapter [ITEPA 2003 s 707]
  • ▸ Chapter 6 – Miscellaneous and Supplemental (ss 708-712)
    • Section 707A – Provision of additional information to His Majesty’s Revenue and Customs [ITEPA 2003 s 707A]
    • Section 708 – PAYE repayments [ITEPA 2003 s 708]
    • Section 709 – Additional provision for certain assessments [ITEPA 2003 s 709]
    • Section 710 – Notional payments: accounting for tax [ITEPA 2003 s 710]
    • Section 711 – Right to make a return [ITEPA 2003 s 711]
    • Section 712 – Interpretation of this Part [ITEPA 2003 s 712]
▸ Part 12 – Payroll giving (ss 713-715)
  • Section 713 – Donations to charity: payroll deduction scheme [ITEPA 2003 s 713]
  • Section 714 – Meaning of “donations” [ITEPA 2003 s 714]
  • Section 715 – Approval of schemes: regulation by Treasury [ITEPA 2003 s 715]
▸ Part 13 – Supplementary provisions (ss 716-725)
  • ▸ Alteration of amounts (s 716)
    • Section 716 – Alteration of amounts by Treasury order [ITEPA 2003 s 716]
  • ▸ Priority rule for certain dividends etc (s 716A)
    • Section 716A – Priority rule for dividends etc. of UK resident companies etc. [ITEPA 2003 s 716A]
  • ▸ Employment intermediaries: information powers (s 716B)
    • Section 716B – Employment intermediaries to keep, preserve and provide information etc. [ITEPA 2003 s 716B]
  • ▸ Orders and regulations (s 717)
    • Section 717 – Orders and regulations made by Treasury or Commissioners [ITEPA 2003 s 717]
  • ▸ Interpretation (ss 718-721)
    • Section 718 – Connected persons [ITEPA 2003 s 718]
    • Section 719 – Meaning of “control” [ITEPA 2003 s 719]
    • Section 720 – Meaning of “an officer of Revenue and Customs” etc. [ITEPA 2003 s 720]
    • Section 721 – Other definitions [ITEPA 2003 s 721]
  • ▸ Amendments, repeals, citation etc. (ss 722-725)
    • Section 722 – Consequential amendments [ITEPA 2003 s 722]
    • Section 723 – Commencement and transitional provisions and savings [ITEPA 2003 s 723]
    • Section 724 – Repeals and revocations [ITEPA 2003 s 724]
    • Section 725 – Citation [ITEPA 2003 s 725]
▸ Schedules
  • ▸ Schedule 1 Abbreviations and defined expressions
    • Part 1 – Abbreviations of acts and instruments [ITEPA 2003 Sch 1 part 1]
    • Part 2 – Index of expressions defined in this Act or ICTA [ITEPA 2003 Sch 1 part 2]
  • ▸ Schedule 2 Share incentive plans
    • Part 1 – - Introduction (paras 1-5)
    • Part 2 – General requirements (paras 6-12)
    • Part 3 – Eligibility of individuals (paras 13-24)
    • Part 4 – Types of shares that may be awarded (paras 25-33)
    • Part 5 – Free shares (paras 34-42)
    • Part 6 – Partnership shares (paras 43-57)
    • Part 7 – Matching shares (paras 58-61)
    • Part 8 – Cash dividends and dividend shares (paras 62-69)
    • Part 9 – Trustees (paras 70-80)
    • Part 10 – Notification of plans, annual returns and enquiries (paras 81A-81K)
    • Part 10A – Disqualifying events (para 85A)
    • Part 11 – Supplementary provisions (paras 86-100)
  • ▸ Schedule 3 SAYE option schemes
    • Part 1 – Introduction (paras 1-3)
    • Part 2 – General requirements for approval (paras 4-8)
    • Part 3 – Eligibility of individuals to participate in scheme (paras 9-16)
    • Part 4 – Shares to which schemes can apply (paras 17-22)
    • Part 5 – Requirements for linked savings arrangement (paras 23-26)
    • Part 6 – Requirements etc. relating to share options (paras 27-37)
    • Part 7 – Exchange of share options (paras 38-39)
    • Part 8 – Notification of schemes, annual returns and enquiries (paras 40A-40K)
    • Part 9 – Supplementary provisions (paras 45-49)
  • ▸ Schedule 4 CSOP schemes
    • Part 1 – Introduction (paras 1-3)
    • Part 2 – General requirements (paras 4-6)
    • Part 3 – Eligibility of individuals to participate in scheme (paras 7-14)
    • Part 4 – Shares to which schemes can apply (paras 15-20)
    • Part 5 – Requirements etc. relating to share options (paras 21-25A)
    • Part 6 – Exchange of share options (paras 26-27)
    • Part 7 – Approval of schemes (paras 28A-28K)
    • Part 8 – Supplementary provisions (paras 33-37)
  • ▸ Schedule 5 Enterprise management incentives
    • Part 1 – Introduction (paras 1-2)
    • Part 2 – General requirements (paras 3-7)
    • Part 3 – Qualifying companies (paras 8-23)
    • Part 4 – Eligible employees (paras 24-33)
    • Part 5 – Requirements relating to options (paras 34-38)
    • Part 6 – Company reorganisations (paras 39-43)
    • Part 7 – Notification of option to Inland Revenue (paras 44-50]
    • Part 8 – Supplementary provisions (paras 51-59)
  • ▸ Schedule 6 Consequential amendments
    • Part 1 – Income and Corporation Taxes Act 1988 (paras 1-121)
    • Part 2 – Other enactments (paras 122-269)
  • ▸ Schedule 7 Transitionals and savings
    • Part 1 – Continuity of the law (paras 1-7)
    • Part 2 – Employment income: charge to tax (paras 8-14)
    • Part 3 – Employment income: earnings and benefits etc. treated as earnings (paras 15-32)
    • Part 4 – Employment income: exemptions (paras 33-38)
    • Part 5 – Employment income: deductions (paras 39-40)
    • Part 6 – Employment income: income which is not earnings or related to securities (paras 41-43)
    • Part 7 – Employment income: income related to securities (43A-84)
    • Part 8 – Approved profit sharing schemes (85-87)
    • Part 9 – Social security income (para 88)
    • Part 10 – PAYE (para 89)
    • Part 11 – Consequences for corporation tax (paras 90-92)
  • ▸ Schedule 8 Repeals and revocations
    • Part 1 – Acts of Parliament [ITEPA 2003 Sch 8 part 1]
    • Part 2 – Subordinate legislation [ITEPA 2003 Sch 8 part 2]
Part 4 – Employment income: exemptions / Chapter 11 – Miscellaneous exemptions / Telephones and computer equipment

Telephones and computer equipment (ss 319-320)

Contents

  • Section 319 – Mobile telephones [ITEPA 2003 s 319] Section commentary
  • Section 320 – Limited exemption for computer equipment [ITEPA 2003 s 320] Section commentary

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.

Become a member

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.

  • AI tax research with linked legislation and Finance Act changes
  • Commentary, official guidance, publications and training material
  • Case law, appeals and tribunal decisions in one place
Become a member
Taxworld Logo

Empowering your business.

We give accountants, tax consultants, financial advisers and legal advisers exactly what you need so you can solve problems like a pro.

Company

  • Membership
  • About
  • Taxworld Ireland 🇮🇪

Explore

  • Legislation
  • Publications
  • Events

© Copyright 2026 Taxworld

Privacy Policy | Cookies Policy | | Conditions of Use
Support team

Please enter your contact details to begin chatting with us.

We use optional analytics cookies to understand how people use our site. Cookie policy