Finance Act 2018 (c. 3)

SCHEDULES

SCHEDULE 1 U.K. Employment income provided through third parties

PART 3 U.K. Amendments consequential on Part 2

F(No.2)A 2017 U.K.

8 (1) Schedule 11 to F(No.2)A 2017 (employment income provided through third parties: loans etc outstanding on 5 April 2019) is amended in accordance with this paragraph. U.K.

(2) In paragraph 1 (relevant step)—

(a) in sub-paragraph (3), for “section 554A(1)(e)(i) and (ii)” substitute “ sections 554A(1)(e)(i) and (ii) and 554AA(1)(h)(i) and (ii) ”;

(b) in sub-paragraph (6)—

(i) for “Sub-paragraph (1) is” substitute “ Sub-paragraphs (1) and (2) are ”, and

(ii) at the end insert “ and paragraph 36A (double taxation: close companies) ”.