Part IIIncome Tax, Corporation Tax and Capital Gains Tax

Chapter IGeneral

Receipts basis etc.

40Schedule E: emoluments already paid

1

Subsection (2) below applies to emoluments of an office or employment if—

a

they are emoluments for a year of assessment after 1988-89,

b

they have been paid before 6th April 1989, and

c

they fall within Case I or II of Schedule E as substituted by section 36 above.

2

The emoluments shall be treated as if they were received, within the meaning of section 202B of the Taxes Act 1988, on 6th April 1989; and accordingly income tax shall be charged, in accordance with section 202A of that Act, by reference to the year 1989-90.

3

Subsection (4) below applies to emoluments of an office or employment if—

a

they are emoluments for a year of assessment after 1988-89,

b

they have been received in the United Kingdom before 6th April 1989, and

c

they fall within Case III of Schedule E as substituted by section 36 above.

4

The emoluments shall be treated as if they were received in the United Kingdom on 6th April 1989; and accordingly income tax shall be charged, in accordance with section 202A of the Taxes Act 1988, by reference to the year 1989-90.