Finance Act 2015 (c. 11)

SCHEDULES

SCHEDULE 1 Extension of benefits code except in relation to certain ministers of religion

PART 1 Amendments of ITEPA 2003

12 (1) Section 188 (loan released or written off: amount treated as earnings) is amended as follows.

(2) In subsection (2), for “an excluded employment”, in each place, substitute “lower-paid employment as a minister of religion”.

(3) In subsection (3)(a), for “excluded employment” substitute “lower-paid employment as a minister of religion”.