C1Part 4Employment income: exemptions

Annotations:
Modifications etc. (not altering text)
C1

Pt. 4 modified (10.6.2021) by Finance Act 2021 (c. 26), s. 26(3)

Chapter 5Exemptions: recreational benefits

Recreational facilities

262Benefits not exempted by section 261

1

Section 261 (exemption of recreational benefits) does not apply to the following benefits—

a

an interest in or the use of any of the following—

i

a mechanically propelled vehicle,

ii

holiday or other overnight accommodation, or

iii

facilities which include, or are provided in association with, a right or opportunity to make use of holiday or overnight accommodation,

b

facilities provided on domestic premises, or

c

a right or opportunity to make use of facilities within paragraph (a) or (b).

2

In this section—

  • “domestic premises” means—

    1. a

      premises used wholly or mainly as a private dwelling, or

    2. b

      land or other premises belonging to, or enjoyed with, premises so used, and

  • “vehicle” includes a ship, boat or other vessel, an aircraft and a hovercraft.