Finance Act 2007
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
64 Armed forces: the Operational Allowance
(1) In ITEPA 2003, after section 297 insert— Armed forces: the Operational Allowance 297A (1) No liability to income tax arises in respect of payments to members of the armed forces of the Crown of the Operational Allowance. (2) The Operational Allowance is an allowance designated as such by the Secretary of State. (2) The amendment made by subsection (1) has effect in relation to payments whenever made.
64 Armed forces: the Operational Allowance
(1) In ITEPA 2003, after section 297 insert— Armed forces: the Operational Allowance 297A (1) No liability to income tax arises in respect of payments to members of the armed forces of the Crown of the Operational Allowance. (2) The Operational Allowance is an allowance designated as such by the Secretary of State. (2) The amendment made by subsection (1) has effect in relation to payments whenever made.
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