[F176ZBEmployees seconded to charities and educational establishmentsU.K.
(1)This section applies if a company to which section 76 applies makes the services of a person employed for the purposes of the company's life assurance business available to—
(a)a charity, or
(b)an educational establishment,
on a basis that is stated and intended to be temporary.
(2)Expenses of the employer that are attributable to the employee's employment during the period of the secondment are treated as expenses payable which fall to be brought into account at Step 1 in section 76(7).
(3)In this section—
“educational establishment” has the same meaning as in section 70 of CTA 2009, and
“the period of the secondment” means the period for which the employee's services are made available to the charity or educational establishment.]
Textual Amendments
F1S. 76ZB and cross-heading inserted (1.4.2009 with effect in accordance with s. 1329(1) of the amending Act) by Corporation Tax Act 2009 (c. 4), Sch. 1 para. 32 (with Sch. 2 Pts. 1, 2)