The Income Tax (Entertainers and Sportsmen) (Amendment) Regulations 2012

• Citation: S.I. 2012/1359
• Sections: 2

Section 1 Citation, commencement and effect

(1) These Regulations may be cited as the Income Tax (Entertainers and Sportsmen) (Amendment) Regulations 2012.

(2) These Regulations come into force on 1st July 2012 and have effect in relation to a payment or transfer made on or after that date.

Section 2 Amendments to the Income Tax (Entertainers and Sportsmen) Regulations 1987

(1) The Income Tax (Entertainers and Sportsmen) Regulations 1987 are amended as follows.

(2) In regulation 2(1) (interpretation) after the definition of “relevant activity” insert—

“the relevant amount” means the amount of the personal allowance in section 35(1) of the Income Tax Act 2007 which applies for the tax year in which the payment or transfer is made;

(3) In paragraph (3) of regulation 4 (tax payments—rules for calculation) for “£1,000” in each place where it appears substitute “the relevant amount”.