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Income Tax (Earnings and Pensions) Act 2003

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Changes over time for: Section 255

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Point in time view as at 02/12/2019.

Changes to legislation:

Income Tax (Earnings and Pensions) Act 2003, Section 255 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

255Exemption for contributions to individual learning account trainingU.K.
This section has no associated Explanatory Notes

(1)No liability to income tax in respect of income from a current or former employment arises by virtue of—

(a)the provision to a person within subsection (2) (“the employee”) of individual learning account training that is given by a person who is not the employee’s employer or former employer,

(b)any payment to the person giving the training in respect of the cost of that provision,

(c)the provision to the employee of any benefit incidental to such training, or

(d)the payment or reimbursement of any costs in respect of such training of a kind specified in subsection (3).

(2)A person is within this subsection if the person either—

(a)holds an account that qualifies under section 104 of the Learning and Skills Act 2000 (c. 21), or

(b)is a party to arrangements that qualify under section 105 or 106 of that Act or section 2 of the Education and Training (Scotland) Act 2000 (asp. 8).

(3)The costs are—

(a)costs which are incidental to the employee undertaking the training,

(b)expenses incurred in connection with an examination or other assessment of what the employee has gained from the training, and

(c)the cost of obtaining any qualification, registration or award to which the employee becomes or may become entitled as a result of the training or such an examination or other assessment.

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