Income Tax (Earnings and Pensions) Act 2003

Part 1 U.K. Overview

1 Overview of contents of this Act U.K.

(1) This Act imposes charges to income tax on—

(a) employment income (see Parts 2 to [F1 7A] ),

(b) pension income (see Part 9), and

(c) social security income (see [F2 Chapters 1 to 7 of] Part 10).

F3 (2) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(3) This Act also—

(a) confers certain reliefs in respect of liabilities of former employees (see Part 8),

[F4 (aa) makes provision for the high income child benefit charge (see Chapter 8 of Part 10),]

(b) provides for the assessment, collection and recovery of income tax in respect of employment, pension or social security income that is PAYE income (see Part 11), F5 ...

[F6 (ba) allows deductions to be made from such income in respect of certain debts payable to the Commissioners for Her Majesty’s Revenue and Customs (see Part 11), and]

(c) allows deductions to be made from such income in respect of payroll giving (see Part 12).

Textual Amendments

F1 Word in s. 1(1)(a) substituted (with effect in accordance with Sch. 2 paras. 52-59 of the amending Act) by Finance Act 2011 (c. 11), Sch. 2 para. 3

F2 Words in s. 1(1)(c) inserted (with effect in accordance with Sch. 1 para. 7 of the amending Act) by Finance Act 2012 (c. 14), Sch. 1 para. 5(2)(a)

F3 S. 1(2) repealed (6.4.2007) by Income Tax Act 2007 (c. 3), s. 1034(1), Sch. 1 para. 426, Sch. 3 Pt. 1 (with Sch. 2)

F4 S. 1(3)(aa) inserted (with effect in accordance with Sch. 1 para. 7 of the amending Act) by Finance Act 2012 (c. 14), Sch. 1 para. 5(2)(b)

F5 Word in s. 1(3)(b) omitted (20.7.2011) by virtue of The Finance Act 2009 (Consequential Amendments) Order 2011 (S.I. 2011/1583), arts. 1, 2(2)

F6 S. 1(3)(ba) inserted (20.7.2011) by The Finance Act 2009 (Consequential Amendments) Order 2011 (S.I. 2011/1583), arts. 1, 2(2)

2 Abbreviations and general index in Schedule 1 U.K.

(1) Schedule 1 (abbreviations and defined expressions) applies for the purposes of this Act.

(2) In Schedule 1—

(a) Part 1 gives the meaning of the abbreviated references to Acts and instruments used in this Act, and

(b) Part 2 lists the places where expressions used in this Act are defined or otherwise explained.

(3) Part 2 of Schedule 1 does not apply to expressions used in Chapters 6 to 9 of Part 7 (share incentive plans and other arrangements for acquiring shares): separate indexes relating to these Chapters appear at the end of Schedules 2 to 5.