Part 6Exempt income
Chapter 9Other income
Housing grants
769Housing grants
1
No liability to income tax arises in respect of a payment if it is made—
a
under an enactment relating to the giving of financial assistance for the provision, maintenance or improvement of housing accommodation or other residential accommodation, and
b
by way of grant or other contribution towards expenses.
2
It does not matter whether—
a
the payment is made to the person who incurs the expenses, or
b
the expenses have been, or are to be, incurred.
3
Subsection (1) does not apply so far as the payment is made towards an expense which is deductible in calculating income for any income or corporation tax purpose.