Part 8Other reliefs
Chapter 6Miscellaneous other reliefs
Payments for life insurance etc
457Payments to trade unions
1
An individual who makes a payment to a trade union in a tax year is entitled to relief for the tax year if—
a
part of the payment (the “qualifying amount”) is attributable to the provision of superannuation, life insurance or funeral benefits,
b
the individual meets the requirements of section 460 (residence etc), and
c
the individual makes a claim.
2
The amount of the relief is equal to half the qualifying amount.
3
But the maximum amount of relief under this section to which an individual is entitled for a tax year is £100.
4
The relief is given by deducting the amount of the relief in calculating the individual's net income for the tax year (see Step 2 of the calculation in section 23).
5
“Trade union” has the meaning given by section 1 of the Trade Union and Labour Relations (Consolidation) Act 1992 (c. 52).