C1Part 4Employment income: exemptions
Annotations:
Modifications etc. (not altering text)
Chapter 7Exemptions: removal benefits and expenses
Benefits and expenses within this Chapter
278Abortive acquisition benefits and expenses
Benefits or expenses are within this section if—
a
they are benefits provided or expenses incurred with a view to the acquisition of an interest in a residence,
b
the interest is not acquired—
i
because of circumstances outside the control of the person seeking to acquire it, or
ii
because that person reasonably declines to proceed, and
c
the benefits or expenses would have fallen within section 277 if the interest had been acquired.
Pt. 4 modified (10.6.2021) by Finance Act 2021 (c. 26), s. 26(3)