Part 3Employment income: earnings and benefits etc. treated as earnings

Chapter 3Taxable benefits: expenses payments

72Sums in respect of expenses treated as earnings

1

If this Chapter applies to a sum, the sum is to be treated as earnings from the employment for the tax year in which it is paid or paid away.

2

Subsection (1) does not prevent the making of a deduction allowed under any of the provisions listed in subsection (3).

3

The provisions are—

  • section 336 (deductions for expenses: the general rule);

  • section 337 (travel in performance of duties);

  • section 338 (travel for necessary attendance);

  • section 340 (travel between group employments);

  • section 341 (travel at start or finish of overseas employment);

  • section 342 (travel between employments where duties performed abroad);

  • section 343 (deduction for professional membership fees);

  • section 344 (deduction for annual subscriptions);

  • section 346 (deduction for employee liabilities);

  • section 351 (expenses of ministers of religion);

  • section 353 (deductions from earnings charged on remittance).