The Taxation of Benefits under Government Pilot Schemes (Better off in Work Credit) Order 2008

• Citation: S.I. 2008/2603
• Sections: 3

Section 1 Citation and commencement

This Order may be cited as the Taxation of Benefits under Government Pilot Schemes (Better off in Work Credit) Order 2008 and shall come into force on 27th October 2008.

Section 2 Interpretation

In this Order, “Better off in Work Credit” means benefit payable by virtue of the Government pilot scheme known by that name.

Section 3 Exemption from income tax

The Income Tax Acts shall have effect in relation to any amount of Better off in Work Credit as if it was wholly exempt from income tax and accordingly to be disregarded in computing the amount of any receipts brought into account for income tax purposes.