Chapter TCM0118040
| Published date | 09 April 2016 |
| Record Number | TCM0118040 |
Allowable deductions from employment income are
- fees and subscriptions to professional bodies and learned societies deductible under s343 or s344 ITEPA 2003 or for year 2001-2002, deductible under s201 ICTA 1988.
This is income tax deduction. For more information, use Schedule E Manual paras SE32890 and SE32895 or the Employment Income Manual paras EIM32890 and EIM32900. - employee liabilities and indemnity insurance premiums deductible under s346 - s347 ITEPA 2003 or, for year 2001-2002, deductible under s201AA ICTA 1988.
This is income tax deduction. For more information, use the Employment Income Manual para EIM30505. - entertainers’ expenses deductible under s352 ITEPA 2003 or, for year 2001-2002, deductible under s201A ICTA 1988.
This is income tax deduction. For more information, use the Employment Income Manual para EIM62800. - earnings withheld by an employer under an approved payroll deduction scheme for payments to charity under s713 ITEPA 2003 or, for year 2001-2002 under s202(2) ICTA 1988.
This is income tax deduction. - from year 2003-2004 onwards, deduction in respect of expenses that are ‘wholly, exclusively and necessarily incurred’ in the performance of the duties of the customer’s employment permitted under s336 ITEPA 2003.
This is income tax deduction. For more information, use the links from the Employment Income Manual para EIM31630.
Note: Although this deduction isn’t allowed for the year 2001-2002, where these expenses were paid or reimbursed by the employer, the amount of the payment or reimbursement was disregarded as income for the year. In practice, the only difference between the effect of the rules for the two periods is that income won’t be reduced by the amount of unreimbursed expenses in the year 2001-2002, but will be for the year 2003-2004 onwards. - From the year 2003-2004 onwards, deduction for travel expenses falling within s337 - s342, s370, s371, s373 and s374 ITEPA 2003.
The following travel costs may be deducted- For employees resident and ordinarily resident in the UK
- travel costs for the employee
- for journeys that they have to make in the performance of the duties of their employment (s337)
- to or from a place they have to attend in the performance of their duties, but not journeys that are ordinary commuting or private travel (s338)
- for journeys that they have to make between employments they have with two or more companies of the same group (s340)
- at the start or finish of an employment performed...
- travel costs for the employee
- For employees resident and ordinarily resident in the UK
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