287 Limit on exemption
Income Tax (Earnings and Pensions) Act 2003 (2003 c 1) | Legislation

Limit on exemption

287  Limit on exemption

(1)     If in the case of any change of residence the value of the exemption exceeds £8,000, section 271 (exemption of removal benefits and expenses) does not apply to the excess.

(2)     The value of the exemption is an amount equal to the sum of—

(a)     the section 62 earnings, . . .

(b)     the benefits code earnings (after taking account of

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