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Income Tax (Earnings and Pensions) Act 2003

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Changes over time for: Section 213

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Point in time view as at 03/08/2005.

Changes to legislation:

Income Tax (Earnings and Pensions) Act 2003, Section 213 is up to date with all changes known to be in force on or before 06 March 2025. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations. Help about Changes to Legislation

213Exception for certain scholarships under trusts or schemesU.K.
This section has no associated Explanatory Notes

(1)This Chapter does not apply to an employment-related benefit consisting in the provision of a scholarship if conditions A, B, C and D are met.

(2)Condition A is that the scholarship would not be regarded as provided by reason of the employment if section 201(3) and section 212 were disregarded.

(3)Condition B is that the holder of the scholarship is a full-time student.

(4)Condition C is that the scholarship is provided from a trust fund or under a scheme.

(5)Condition D is that, in the tax year in which the scholarship is provided, not more than 25% of the total amount of relevant payments is attributable to scholarships provided by reason of a person’s employment.

(6)For the purposes of conditions B and D “full-time student” means a person who is in full-time education at a university, college, school or other educational establishment.

(7)For the purposes of condition D—

  • employment” includes any employment within the meaning of the employment income Parts (see section 4), whether or not it is a taxable employment under Part 2;

  • relevant payments” means the payments made from the fund or scheme mentioned in condition C in respect of scholarships held by full-time students.

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