The Taxation of Benefits under Pilot Schemes (Earnings Top-up) Order 1996

• Citation: S.I. 1996/2396
• Sections: 3

Section 1 Citation, commencement and effect

(1) This Order may be cited as the Taxation of Benefits under Pilot Schemes (Earnings Top-up) Order 1996 and shall come into force on 8th October 1996.

(2) This Order shall have effect in relation to amounts of Earnings Top-up payable on or after 8th October 1996.

Section 2 Interpretation

In this Order—

“benefit” shall be construed in accordance with section 151(6) of the Finance Act 1996;

“Earnings Top-up” means the benefit payable under that name by virtue of a Government pilot scheme;

“Government pilot scheme” has the meaning given by subsections (3) and (4) of section 151 of the Finance Act 1996.

Section 3 Exemption of Earnings Top-up from income tax

The Income Tax Acts shall have effect in relation to any amount of Earnings Top-up as if it were wholly exempt from income tax and, accordingly, to be disregarded in computing the amount of any receipts brought into account for income tax purposes.