PART 1Income tax, corporation tax and capital gains tax
Employment income and social security income
13Power to exempt social security benefits from income tax
1
The Treasury may by regulations amend Chapter 4 or 5 of Part 10 of ITEPA 2003 (social security benefits: exemptions) so as to provide that no liability to income tax arises on social security benefits of a description specified in the regulations.
2
Regulations under this section may make—
a
different provision for different cases;
b
retrospective provision;
c
incidental or supplementary provision;
d
consequential provision (which may include provision amending any provision made by or under the Income Tax Acts).
3
In section 655 of ITEPA 2003 (structure of Part 10), in subsection (2), at the end insert
;
section 13 of FA 2020 (power to exempt social security benefits from income tax).