Commentary

E1.556 Exemption from charge to tax for annual payments reducing pool betting duty payments

Personal and employment tax

E1.556 Exemption from charge to tax for annual payments reducing pool betting duty payments

E1.556 Exemption from charge to tax for annual payments reducing pool betting duty payments

Currently, there is no exemption to income tax available to the recipients of annual payments which result in a reduction of pool betting duty payable by the payer of the annual payments.

Prior to 6th April 2013, an exemption from income tax was available for annual payments made by persons liable to pool betting duty. For the exemption to apply, the payment must have been made in consequence of a reduction in pool betting duty, by a person liable to that duty. The expenditure must have

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