1292 Provision of qualifying benefits
Corporation Tax Act 2009 (2009 c 4) | Legislation

1292  Provision of qualifying benefits

(1)     For the purposes of section 1290 qualifying benefits are provided if there is—

(a)     a payment of money, or

(b)     a transfer of assets,

which meets condition A, B, C or D.

(2)     Condition A is that the payment or transfer gives rise both to an employment income tax charge and to an NIC charge.

(3)     Condition B is that the payment or transfer would give rise to both charges if—

(a)     the duties of the employment in respect of which the payment or transfer was made were performed

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