553 Meaning of “appropriate percentage” for purposes of section 552
Income Tax (Earnings and Pensions) Act 2003 (2003 c 1) | Legislation

553  Meaning of “appropriate percentage” for purposes of section 552

(1)     For the purposes of section 552 “the appropriate percentage” is—

(P x 100) / D

where P and D have the meaning given by the following provisions.

(2)     Unless subsection (3) applies, P is the aggregate of the relevant payment and any other payments received by B or associates of B's

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