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.