Disapplication of Chapter 2 of Part 7A: sporting testimonial payments2
1
Chapter 2 of Part 7A of the Income Tax (Earnings and Pensions) Act 2003 (employment income provided through third parties: treatment of relevant step for income tax purposes) does not apply by reason of a relevant step if the relevant step is the making of a sporting testimonial payment.
2
Paragraph (1) applies in relation to a sporting testimonial payment made out of money raised by a sporting testimonial if—
a
the sporting testimonial was made public on or after 25th November 2015, and
b
the payment is made out of money raised by one or more relevant events or activities which take place on or after 6th April 2017.