Income Tax (Earnings and Pensions) Act 2003

The Income Tax (Earnings and Pensions) Act 2003 (c. 1) is an act of the Parliament of the United Kingdom.

Provisions It restated certain legislation relating to income tax "so as to make it clearer and easier to use".See the title of the Act and paragraph 3 of the explanatory notes to the Act. The Bill was the work of the Tax Law Rewrite Project team at the Inland Revenue.Explanatory notes, paragraph 7 (and see paragraph 1 for their name)

Sections relating to the pensions of Members of the House of Commons were amended by the House of Commons Members' Fund Act 2016.

The act allows free or subsidised food provided to employees to be exempt from tax.

The act exempts MPs' overnight expenses.

The act contains the IR35 rules.

See also Taxation in the United Kingdom

Notes

References

External links

Explanatory notes to the act.