Part 2Plant and machinery allowances

Chapter 19Giving effect to allowances and charges

Employments and offices

262Employments and offices

If the qualifying activity of a person who is entitled or liable to an allowance or charge for a chargeable period is an employment or office, the allowance or charge is to be given effect, by treating—

(a)

the allowance as an amount to be deducted from the emoluments of the employment or office, and

(b)

the charge as an emolument of the employment or office.