Finance Act 2004
Write the words of this act the way you think they should read. Solon shows your change as a redline against the published text and pins it to that exact text, so it can never be applied to wording you did not see.
Change 1
201 Relief for employees
(1) In section 307(1) of ITEPA 2003 (exemption for provision made by employer for retirement or death benefit), after “employer” insert “ under a registered pension scheme or otherwise ”. (2) For section 308 of ITEPA 2003 (exemption of contributions to approved personal pension arrangements) substitute— Exemption of contributions to registered pension scheme 308 No liability to income tax arises in respect of earnings where an employee’s employer makes contributions under a registered pension scheme.
201 Relief for employees
(1) In section 307(1) of ITEPA 2003 (exemption for provision made by employer for retirement or death benefit), after “employer” insert “ under a registered pension scheme or otherwise ”. (2) For section 308 of ITEPA 2003 (exemption of contributions to approved personal pension arrangements) substitute— Exemption of contributions to registered pension scheme 308 No liability to income tax arises in respect of earnings where an employee’s employer makes contributions under a registered pension scheme.
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