(1)No liability to income tax in respect of earnings [F1or by virtue of Part 7A] arises by virtue of—
(a)the provision of removal benefits to which this section applies, or
(b)the payment or reimbursement of removal expenses to which this section applies.
(2)[F2In relation to earnings, subsection] (1) does not apply if (disregarding this section) the earnings are general earnings to which either of the following sections applies—
(a)section 22 (chargeable overseas earnings for year when [F3remittance basis applies and employee ordinarily UK resident]), or
(b)section 26 (foreign earnings for year when [F4remittance basis applies and employee not ordinarily UK resident]).
[F5(2A)In relation to Part 7A, subsection (1) does not apply to any amount so far as the amount (disregarding this section and section 554P) would count as employment income to which section 554Z9 or 554Z10 would apply.]
(3)Subsection (1) is subject to section 287 (limit on exemption).
Textual Amendments
F1Words in s. 271(1) inserted (with effect in accordance with Sch. 2 paras. 52-59 of the amending Act) by Finance Act 2011 (c. 11), Sch. 2 para. 12(2)
F2Words in s. 271(2) substituted (with effect in accordance with Sch. 2 paras. 52-59 of the amending Act) by Finance Act 2011 (c. 11), Sch. 2 para. 12(3)
F3Words in s. 271(2)(a) substituted (with effect in accordance with Sch. 7 para. 81 of the amending Act) by Finance Act 2008 (c. 9), Sch. 7 para. 25(a)
F4Words in s. 271(2)(b) substituted (with effect in accordance with Sch. 7 para. 81 of the amending Act) by Finance Act 2008 (c. 9), Sch. 7 para. 25(b)
F5S. 271(2A) inserted (with effect in accordance with Sch. 2 paras. 52-59 of the amending Act) by Finance Act 2011 (c. 11), Sch. 2 para. 12(4)