[308C Provision of pensions advice: limited exemption]
Income Tax (Earnings and Pensions) Act 2003 (2003 c 1) | Legislation

[308C  Provision of pensions advice: limited exemption]

[(1)     No liability to income tax arises in respect of—

(a)     the provision of relevant pensions advice to an employee or former or prospective employee, or

(b)     the payment or reimbursement of costs incurred, by or in respect of an employee or former or prospective employee, in obtaining relevant pensions advice,

if Condition A or B is met.

(2)     But subsection (1) does not apply in relation to a person in a tax year so far as the value of the exemption in the person's case in that year exceeds £500.

(3)     The “value of the exemption”, in relation to a person

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