[496A Discretionary payments by trustees: employment income]
Income Tax Act 2007 (2007 c 3) | Legislation

[Payments constituting employment income of beneficiary]

[496A  Discretionary payments by trustees: employment income]

[(1)     Section 496B applies if—

(a)     in a tax year the trustees of a settlement make a discretionary employment income payment, and

(b)     the trustees are UK resident for the tax year.

(2)     In this section and section 496B, “discretionary employment income payment” means a payment to a person (“the beneficiary”) that—

(a)     is made in the exercise

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