Part 2Income tax, corporation tax and capital gains tax
Chapter 2Personal taxation
Taxable benefits
18Extension of outplacement services etc exemption: part-time employees
1
ITEPA 2003 is amended as follows.
2
In section 310 (counselling and other outplacement services) in subsection (4) (person to have been employed full-time in the employment which is ceasing for a specified period) omit “full-time”.
3
In section 311 (retraining courses) in subsection (3) (conditions to be satisfied in relation to the course)—
a
at the end of paragraph (b) insert “
and
”
;
b
in paragraph (c)
(course to last no more than one year) for “one year” substitute “
two years
”
;
c
omit paragraph (d) (employee to attend the course on a full-time or substantially full-time basis) and the word “and” before it.
4
In that section, in subsection (4)(c) (person to be employed full-time in the employment which is ceasing for a specified period) omit “full-time”.
5
This section has effect in relation to the year 2005-06 and subsequent years of assessment.