The Taxation of Benefits under Pilot Schemes (Earnings Top-up) Order 1996

Made: 13th September 1996

Laid before the House of Commons: 16th September 1996

Coming into force: 8th October 1996

The Treasury, in exercise of the powers conferred on them by section 151(1)(a), (2), (5) and (7) of the Finance Act 1996[^f00001], hereby make the following Order:

Citation, commencement and effect

1

• (1) This Order may be cited as the Taxation of Benefits under Pilot Schemes (Earnings Top-up) Order 1996 and shall come into force on 8th October 1996.

• (2) This Order shall have effect in relation to amounts of Earnings Top-up payable on or after 8th October 1996.

Interpretation

2

In this Order—

• “benefit” shall be construed in accordance with section 151(6) of the Finance Act 1996;

• “Earnings Top-up” means the benefit payable under that name by virtue of a Government pilot scheme;

• “Government pilot scheme” has the meaning given by subsections (3) and (4) of section 151 of the Finance Act 1996.

Exemption of Earnings Top-up from income tax

3

The Income Tax Acts shall have effect in relation to any amount of Earnings Top-up as if it were wholly exempt from income tax and, accordingly, to be disregarded in computing the amount of any receipts brought into account for income tax purposes.

Signed

Richard Ottaway — Bowen Wells — Two of the Lords Commissioners of Her Majesty’s Treasury — 13th September 1996

Explanatory note

(This note is not part of the Order)

This Order provides for payments of benefit made under the scheme known as Earnings Top-up to be exempt from income tax and to be disregarded in computing the amount of any receipts brought into account for income tax purposes.

Footnotes

[^f00001]: 1996 c. 8.