502 Meaning of “capital receipt” in section 501
Income Tax (Earnings and Pensions) Act 2003 (2003 c 1) | Legislation

502  Meaning of “capital receipt” in section 501

(1)     This section applies for determining whether any money or money's worth is a “capital receipt” for the purposes of section 501.

(2)     The general rule is that any money or money's worth is a “capital receipt” for the purposes of section 501.

(3)     The general rule is subject to the

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