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United Kingdom Statutory Instruments
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URL: http://www.bailii.org/uk/legis/num_reg/2004/20040575.html

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2004 No. 575

INCOME TAX

The Taxation of Benefits under Government Pilot Schemes (Working Neighbourhoods Pilot and In Work Credit) Order 2004

  Made 4th March 2004 
  Laid before the House of Commons 5th March 2004 
  Coming into force 6th April 2004 

The Treasury, in exercise of the powers conferred upon them by section 151(1)(a) and (7)(a) of the Finance Act 1996[1] make the following Order:

Citation and commencement
     1.  - (1) This Order may be cited as the Taxation of Benefits under Government Pilot Schemes (Working Neighbourhoods Pilot and In Work Credit) Order 2004.

    (2) This Order shall come into force on 6th April 2004.

Interpretation
     2. In this Order - 

Exemptions from income tax
     3. The Income Tax Acts shall have effect in relation to any amount of payment by way of In-Work Credit or by way of the Working Neighbourhoods Pilot, as if that amount were wholly exempt from income tax and accordingly to be disregarded in computing the amount of any receipts brought into account for income tax purposes.


Nick Ainger

John Heppell
Two of the Lords Commissioners of Her Majesty's Treasury

4th March 2004


EXPLANATORY NOTE

(This note is not part of the Order)


This Order provides for payments of benefits, made under the Government pilot schemes known as In-Work Credit and Working Neighbourhoods Pilot, to be treated as exempt from income tax, and accordingly to be disregarded in computing the amount of any receipts brought into account for income tax purposes.

Notes:

 [1] 1996 c. 8. There are amendments to section 151 which are not relevant for the purposes of this instrument.back


ISBN 0 11 048837 7


  © Crown copyright 2004

Prepared 12 March 2004

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URL: http://www.bailii.org/uk/legis/num_reg/2004/20040575.html