SCHEDULES

SCHEDULE 6Consequential Amendments

Part 1Income and Corporation Taxes Act 1988

87

1

Amend section 617 (social security benefits and contributions) as follows.

2

Omit subsections (1) and (2).

3

For subsection (4)(d) and (e) substitute—

d

as a deduction under section 336 of ITEPA 2003 (deductions for expenses) from the taxable earnings from an office or employment; or

e

as a deduction under section 332(3)(a) from the profits or fees of the profession or vocation of a minister of religion, or a deduction under section 351(1) of ITEPA 2003 from the taxable earnings from an employment as such a minister.