Part 3Employment income: earnings and benefits etc. treated as earnings
C1Chapter 10Taxable benefits: residual liability to charge
Annotations:
Modifications etc. (not altering text)
Special rules for scholarships
215Limitation of exemption for scholarship income in F2section 776(1) of ITTOIA 2005
If an employment-related benefit consists in the provision of a scholarship, F1section 776(1) of ITTOIA 2005 (exemption for scholarship income) applies only in relation to the holder of the scholarship.
Pt. 3 Ch. 10 excluded (with effect in accordance with reg. 1(2) of the amending S.I.) by The Income Tax (Exemption of Minor Benefits) (Coronavirus) Regulations 2020 (S.I. 2020/1293), regs. 1(2), 2 (with reg. 1(2))