Income Tax (Earnings and Pensions) Act 2003

[F1325AHealth and employment insurance paymentsU.K.
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(1)No liability to income tax in respect of employment income arises on any payment if or to the extent that—

(a)were the payment an annual payment falling within Chapter 7 of Part 5 of ITTOIA 2005, it would be exempt from income tax under section 735 of that Act (health and employment insurance payments), and

(b)it meets conditions A and B.

(2)Condition A is that the payments are made—

(a)to a person (“the employee”) who made payments or contributions in respect of premiums under an insurance policy which another person took out wholly or partly for the employee's benefit, or

(b)to the employee's [F2spouse or civil partner] .

(3)Condition B is that the payments are attributable on a just and reasonable basis to the payments or contributions in respect of premiums.]

Textual Amendments

F2Words in s. 325A(2)(b) substituted (5.12.2005) by The Tax and Civil Partnership Regulations 2005 (S.I. 2005/3229), regs. 1(1), 145