C1Part 2Employment income: charge to tax

Annotations:
Modifications etc. (not altering text)
C1

Pt. 2 applied (with effect in accordance with s. 1329(1) of the amending Act) by Corporation Tax Act 2009 (c. 4), ss. 969(4)(a), 1329(1) (with Sch. 2 Pts. 1, 2)

Chapter 2Tax on employment income

7Meaning of “employment income”, “general earnings” and “specific employment income”

1

This section gives the meaning for the purposes of the Tax Acts of “employment income”, “general earnings” and “specific employment income”.

2

Employment income” means—

a

earnings within Chapter 1 of Part 3,

b

any amount treated as earnings (see subsection (5)), or

c

any amount which counts as employment income (see subsection (6)).

3

General earnings” means—

a

earnings within Chapter 1 of Part 3, or

b

any amount treated as earnings (see subsection (5)),

excluding in each case any exempt income.

4

Specific employment income” means any amount which counts as employment income (see subsection (6)), excluding any exempt income.

5

Subsection (2)(b) or (3)(b) refers to any amount treated as earnings under—

F2a

Chapters 7 to 9 of this Part (agency workers, workers under arrangements made by intermediaries, and workers providing services through managed service companies),

b

Chapters 2 to 11 of Part 3 (the benefits code),

c

Chapter 12 of Part 3 (payments treated as earnings), or

d

section 262 of CAA 2001 (balancing charges to be given effect by treating them as earnings).

6

Subsection (2)(c) or (4) refers to any amount which counts as employment income by virtue of—

a

Part 6 (income which is not earnings or share-related),

b

Part 7 F1(income and exemptions relating to securities and securities options)

F3ba

Part 7A (employment income provided through third parties), or

c

any other enactment.