- a relevant office
has the same meaning as in section 4 of the Ministerial and other Pensions and Salaries Act 1991.
- accessory
includes any kind of equipment but does not include—
- accommodation expenses
means expenses incurred in, or in connection with, the provision or use of residential or overnight accommodation to enable the member to perform duties as a member of the Parliament or Assembly in or about—
- accommodation outgoings
means amounts incurred by the minister in— (a) heating, lighting or cleaning qualifying premises;
- acts
includes failures to act and acts are “related to the employment” if the employee was acting—
- additional expense
means the expense incurred in or in connection with provision of the taxable benefit (including a proper proportion of any expense relating partly to provision of the benefit and partly to other matters), other than—
- allied headquarters
means an international military headquarters established under the North Atlantic Treaty,... • “designated” means designated for the purpose in question by or under an Order in Council made for giving effect to an international agreement, and • “ the EU civilian staff ” means designated for the purpose in question by or under an Order in Council made for giving effect to an international agreement.
- alternative finance return
has the meaning given in sections 564I to 564L of ITA 2007 or sections 511 to 513 of CTA 2009,... • “financial institution” has the meaning given in section 564B of ITA 2007 or section 502 of CTA 2009, and • “first owner” is to be construed in accordance with section 564D of ITA 2007 or section 504 of CTA 2009.
- an equivalent manual car
means a car which—
- annuity contract
means a contract for the provision of an annuity— (a) granted for consideration in money or money's worth in the ordinary course of a business of granting annuities on human life, and (b) payable for a term ending at a time ascertainable only by reference to the end of a human life, although for this purpose it does not matter that the annuity may in some circumstances end before or after the life, • “insurance company” means— (a) a person or EEA firm within section 275(1)(a) or (b) of FA 2004, or (b) a person resident in a territory outside the European Economic Area— (i) whose normal business includes the provision of annuities, and (ii) who is regulated in the conduct of that business by the government of that territory or by a body established under the law of that territory for the purpose of regulating such business, and • “pre-6 April 2011 annuity rights” means rights, which accrued before 6 April 2011, specifically to receive an annuity.
- applicable amount
means the amount prescribed in relation to income support in regulations made under section 135 of SSCBA 1992;
- Apprentice
has the meaning specified in regulations made by the Treasury.
- appropriate percentage
means the appropriate percentage determined in accordance with sections 133 to 142 for the purpose of calculating the cash equivalent of the benefit of the car for which the fuel is provided.
- appropriate register
means any register under the management and control of the Keeper of the Registers of Scotland.
- appropriate registry
means— (a) Her Majesty’s Land Registry, (b) the Land Registry in Northern Ireland, or (c) the Registry of Deeds for Northern Ireland, and • “appropriate register” means any register under the management and control of the Keeper of the Registers of Scotland.
- approved contractual payment
means a payment to a person on the termination of the person’s employment under an agreement in respect of which an order is in force under section 157 of ERA 1996 or Article 192 of ER(NI)O 1996, • “redundancy payment” means a redundancy payment under Part 11 of ERA 1996 or Part 12 of ER(NI)O 1996, and • “statutory payment” means a payment under section 167(1) of ERA 1996 or Article 202(1) of ER(NI)O 1996.
- approved profit sharing scheme
means a profit sharing scheme approved under Schedule 9 to ICTA, and • “approved share incentive plan” means a share incentive plan approved under Schedule 2 to this Act.
- approved scheme
means a scheme which is approved (or is of a kind approved) by an officer of Revenue and Customs and under which— (a) the payer is required to pay sums withheld to a body which is an approved agent at the time of the withholding, and (b) the approved agent is required— (i) to pay sums withheld to the specified charity or charities, or (ii) in a case where the agent is itself a specified charity, to retain any sum due to itself;
- approved share incentive plan
means a share incentive plan approved under Schedule 2 to this Act.
- arrangement
includes any agreement, understanding, scheme, transaction or series of transactions (whether or not legally enforceable);
- arrangements
includes any agreement, understanding, scheme, transaction or series of transactions (whether or not legally enforceable).
- as a seafarer
means an employment (other than Crown employment) consisting of the performance of duties on a ship or of such duties and others incidental to them.
- asset
includes any property and in particular any investment of a kind specified in Part 3 of the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001 (S.I. 2001/544).
- associate
has the meaning given by section 60;
- associated company
has the meaning given by section 449 of CTA 2010.
- associated employments
means employments with B or with employers associated with B;
- associated person
has the meaning indicated in section 472.
- authorised deduction
means any deduction that would (assuming it was an amount of taxable earnings) be allowed from any amount within step 1 under— • section 346 (employee liabilities), • section 370 (travel costs and expenses where duties performed abroad: employee's travel), • section 371 (travel costs and expenses where duties performed abroad: visiting spouse's, civil partner's or child's travel), • section 373 (non-resident or qualifying new resident employee's travel costs and expenses where duties performed in UK), • section 374 (non-resident or qualifying new resident employee's spouse's, civil partner's or child's travel costs and expenses where duties performed in UK), • section 376 (foreign accommodation and subsistence costs and expenses (overseas employments)), • section 713 (payroll giving to charities), • sections 188 to 194 of FA 2004 (contributions to registered pension schemes), or • section 262 of CAA 2001 (capital allowances to be given effect by treating them as deductions).
- authorised lender
means a person who— (a) has permission under Part 4A of the Financial Services and Markets Act 2000 to enter into, or to exercise or have the right to exercise rights and duties under, a contract of the kind mentioned in paragraph 23 of Schedule 2 to that Act, and (b) is not acting as a trustee.
- authorised lump sum
means a lump sum permitted by the lump sum rule in section 166 of FA 2004 to be paid by a registered pension scheme to a member of the scheme;
- authorised lump sum death benefit
means a lump sum death benefit permitted by the lump sum death benefit rule in section 168 of that Act to be paid by a registered pension scheme in respect of a member of the scheme.
- award for bravery
means—
- award of shares
means the appropriation of shares to, or the acquisition of shares on behalf of, a person;
- awarded
means appropriated to, or acquired on behalf of, a person;
- basic pay
means—
- beneficiary
means dependant, nominee or successor.
- benefit
includes any benefit or facility, regardless of its form and the manner of providing it;
- benefit cost
has the same meaning as in section 323A.
- benefit or facility
includes anything which constitutes employment income or in respect of which employment income is treated as arising to the employee (regardless of its form and the manner of providing it).
- break clause
means a provision of a lease that gives a person a right to terminate it so that its term is shorter than it otherwise would be, and
- bus
means a road passenger vehicle which has a seating capacity of 12 or more, and
- business
means any trade, profession or vocation and includes a UK property businesswithin the meaning of Chapter 2 of Part 3 of ITTOIA 2005 or Chapter 2 of Part 4 of CTA 2009;
- business of the group
means what would be the business of the group if the activities of the group companies taken together were regarded as one business.
- business travel
has the same meaning as in Chapter 6 of Part 3 (see section 171(1)).
- car
has the meaning given by section 235(2), and • • “authorised lender” means a person who— (a) has permission under Part 4A of the Financial Services and Markets Act 2000 to enter into, or to exercise or have the right to exercise rights and duties under, a contract of the kind mentioned in paragraph 23 of Schedule 2 to that Act, and (b) is not acting as a trustee.
- car with a CO2 emissions figure
means—
- car without a CO2 emissions figure
means any other car first registered on or after 1st January 1998.
- care
means any form of care or supervised activity that is not provided in the course of the child’s compulsory education.
- cash voucher
has the same meaning as in Chapter 4 of Part 3 (see section 75), • “the Contributions and Benefits Act” means SSCBA 1992 or SSCB(NI)A 1992;
- certified
means certified for the purposes of ICTA 1970, ICTA or this Act;
- certified SAYE savings arrangement
has the meaning given in section 703(1) of ITTOIA 2005;
- chain payment
means a payment, or money's worth or any other benefit, that can reasonably be taken to be for the worker's services to the client, • “make”— (a) in relation to a chain payment that is money's worth, means transfer, and (b) in relation to a chain payment that is a benefit other than a payment or money's worth, means provide, and • “the fee-payer” means the person in the chain immediately above the lowest.
- Chapter 2 tax liability
means the liability for income tax arising by virtue of the application of Chapter 2 by reason of the relevant step.
- chargeable amount
means the amount of employment income which would be charged to tax in respect of the award apart from subsection (1), • “long service award” means an award made to an employee to mark not less than 20 years' service with the same employer, and • “permitted maximum” means £50 for each year of service in respect of which the award is made.
- chargeable event
has the meaning given by section 477,
- cheque voucher
has the same meaning as in Chapter 4 of Part 3;
- child
includes a stepchild and an illegitimate child, but not a person who is 18 or over at the beginning of the inward journey.
- childcare voucher
means a voucher, stamp or similar document or token intended to enable a person to obtain the provision of care for a child (whether or not in exchange for it).
- children
includes stepchildren and illegitimate children but does not include children aged 18 or over, and • “works transport service” means a service which is provided by means of a bus or a minibus for conveying employees of one or more employers on qualifying journeys.
- claim year taxable earnings
means the taxable earnings from the employment in the tax year that are “for” the year for which the claim is made determined in accordance with section 16 and 17;
- close company
includes a company that would be a close company but for section 442(a) of CTA 2010 (exclusion of companies not resident in the United Kingdom).
- Coal
has the meaning given by Article 2 of Council Regulation (EC) No. 1407/2002 (state aid to coal industry).
- collective investment scheme
means arrangements—
- colliery worker
means a coal miner or any other person employed at or about a colliery otherwise than in clerical, administrative or technical work.
- committed time
means the time that the employee is required, as an employee in relevant employment, to spend—
- Commonwealth government
means—
- company
(except in sections 60A to 60G) means a body corporate or unincorporated association, and does not include a partnership;
- company reconstruction
means a transaction to which this paragraph applies.
- company vehicle
has the meaning given by section 236(2), • “mileage allowance payments” has the meaning given by section 229(2), and • “the travel deductions provisions” means sections 337 to 342, 370, 371, 373 and 374 (travel expenses) and section 351 (expenses of ministers of religion).
- comparable establishment
means a guest house, hostel or other establishment offering overnight accommodation.
- connected company
has the same meaning as in paragraph 18.
- connected qualifying trade
means a qualifying trade carried on—
- consistent targets
means targets which, at the time when they are set in accordance with the plan, can reasonably be viewed as being comparable in terms of the likelihood of their being met by the performance units to which they apply.
- constituent company
means—
- consul
means a person recognised by Her Majesty as being a consul-general, consul, vice-consul or consular agent.
- consular employee
includes any person employed for the purposes of the official business of a consular officer at— (a) any consulate, (b) any consular establishment, or (c) any other premises used for those purposes, and • “reciprocal arrangement” means a consular convention or other arrangement with a foreign state, making similar provision to that made by this section, sections 646A and 681A of this Act and section 771 of ITTOIA 2005 (relevant foreign income of consular officers and employees) in the case of Her Majesty’s consular officers or employees in that state.
- consular officer or employee
includes any person employed for the purposes of the official business of a consular officer at— (a) any consulate, (b) any consular establishment, or (c) any other premises used for those purposes, and • “reciprocal agreement” has the same meaning as in section 302.
- continental shelf worker
means a person in an employment some or all of the duties of which are performed— (a) in the UK sector of the continental shelf (as defined in section 41), and (b) in connection with exploration or exploitation activities (as so defined);
- contributions regulations
means regulations under the Contributions and Benefits Act providing for primary Class 1 contributions to be paid in a similar manner to income tax in relation to which PAYE regulations have effect (see, in particular, paragraph 6(1) of Schedule 1 to the Act);
- control
has the meaning given by sections 450 and 451 of CTA 2010.
- convertible securities
has the meaning indicated in section 436.
- cost of provision
means the expense incurred—
- couple
has the same meaning as in section 35(1) of JSA 1995 • “age-related amount” and “applicable amount” mean the amounts determined as such in accordance with regulations made under Article 6 of JS(NI)O 1995;
- credit-token
has the same meaning as in Chapter 4 of Part 3 (see section 92), • “foreign employer” means an individual, partnership or body of persons resident outside, and not resident in, the United Kingdom, • “non-cash voucher” has the same meaning as in Chapter 4 of Part 3 (see section 84), •...
- Crown employment
means employment under the Crown—
- Crown servant
means a person holding an employment under the Crown.
- cycle
has the meaning given by section 192(1) of the Road Traffic Act 1988 (c. 52), and “cyclist” has a corresponding meaning.
- deductible amount
means an amount which meets conditions A to C.
- deemed employer
means a person who would, but for this section, be treated by section 61N(3) as making a payment to the worker;
- design weight
means the weight which a vehicle is designed or adapted not to exceed when in normal use and travelling on a road laden;
- designated
means designated by an order made by the Commissioners for Her Majesty's Revenue and Customs for the purposes of that provision.
- diesel
means any diesel fuel within the definition in Article 2 of Directive 98/70/EC of the European Parliament and of the Council;
- diesel car
means a car which is propelled solely by diesel.
- director
means— and includes any person in accordance with whose directions or instructions the directors of the company (as defined in this subsection) are accustomed to act.
- disabled employee
means an employee who has a physical or mental impairment with a substantial and long-term adverse effect on the employee’s ability to carry out normal day to day activities.
- discretionary share option scheme
means a share option scheme other than a savings-related share option scheme (as defined by paragraph 1(1) of Schedule 9 to ICTA).
- disposal
means disposal by sale, loan or otherwise.
- Distributable cash dividends
means cash dividends so far as they are not required to be reinvested under the plan.
- domestic belongings
means belongings of the employee or of members of the employee’s family or household, and • “transportation” includes— (a) packing and unpacking belongings, (b) temporarily storing them, where there is not a direct move from the former to the new residence, (c) detaching domestic fittings from the former residence, where they are to be taken to the new residence, and (d) attaching domestic fittings to the new residence and adapting them, where they are brought from the former residence.
- domestic premises
means— (a) premises used wholly or mainly as a private dwelling, or (b) land or other premises belonging to, or enjoyed with, premises so used, and • “vehicle” includes a ship, boat or other vessel, an aircraft and a hovercraft.
- donations
means sums which—
- double taxation arrangements
means arrangements that have effect under section 2(1) of TIOPA 2010.
- double taxation relief arrangements
means arrangements that have effect under section 2(1) of TIOPA 2010;
- Duplicate information
means information which is contained in or accompanies—
- earnings
means earnings within Chapter 1 of Part 3 (and includes a reference to amounts which would have been such earnings if the employee had received them).
- earnings charged on receipt
means earnings which are taxable earnings under section 15... or 27, and • “earnings charged on remittance” means earnings which are taxable earnings under section 22 or 26.
- earnings charged on remittance
means earnings which are taxable earnings under section 22 or 26.
- earnings or amounts treated as earnings
means earnings or amounts treated as earnings which constitute employment income (see section 7(2)(a) or (b) of ITEPA 2003).”
- earnings-only exemption
means an exemption from income tax which—
- eligible benefits
means benefits in respect of which conditions A to D in section 323A are met.
- eligible gifts
means all gifts which—
- eligible period
means a period consisting of at least 365 days which is either—
- eligible shares
means shares which may be acquired by the exercise of share options under the scheme.
- emergency vehicle
has the same meaning as in section 248A;
- employee
includes a person who is to be, or has ceased to be, an employee.
- employee benefit trust
has the same meaning as in that Chapter (see sections 550 and 551).
- employee share ownership plan
has the meaning given by paragraph 1(1) of Schedule 8 to FA 2000.
- employee shareholder agreement
means an agreement by virtue of which an employee is an employee shareholder (see section 205A(1)(a) to (d) of the Employment Rights Act 1996);
- employee shareholder share
means a share acquired by an employee in consideration of an employee shareholder agreement;
- employer
means the employer of the continental shelf worker;
- employer-financed retirement benefits scheme
has the same meaning as in Chapter 2 of Part 6 (see section 393A), • “foreign service” has the meaning given by section 395C, • “member”, in relation to a pension scheme, has the meaning given by section 151 of FA 2004, • “overseas pension scheme” has the same meaning as in Part 4 of FA 2004 (see section 150(7) of that Act), • “payment” includes a transfer of assets and any other transfer of money's worth, • “pension scheme” has the meaning given by section 150(1) of FA 2004, and • “relevant non-UK scheme” is to be read in accordance with paragraph 1(5) of Schedule 34 to FA 2004.
- employment
means a taxable employment under Part 2, and
- employment agency
has the meaning given by section 13(2) of the Employment Agencies Act 1973 (c. 35).
- Employment income
means—
- employment income amount
means the amount counting as employment income of the employee under that Chapter in respect of the shares, and b it is immaterial whether the disposal of the shares mentioned in subsection (1A) is made by the employee or another person.”
- employment income exemption
means an exemption from income tax which prevents liability to tax arising in respect of employment income of any kind at all.
- employment intermediary
means a person, other than the worker or the client, who carries on a business (whether or not with a view to profit and whether or not in conjunction with any other business) of supplying labour;
- employment-related benefit
means a benefit, other than an excluded benefit, which is provided in a tax year— (a) for an employee, or (b) for a member of an employee’s family or household, by reason of the employment.
- employment-related loan
has the same meaning as it has for the purposes of Chapter 7 of Part 3;
- employment-related securities
has the same meaning as in Chapters 1 to 4 of Part 7.
- employment-related securities option
has the same meaning as in Chapter 5 of Part 7 (see section 471(5));
- encouragement award
means an award, other than a financial benefit award, made for a suggestion with intrinsic merit or showing special effort, and • “financial benefit award” means an award for a suggestion relating to an improvement in efficiency or effectiveness which the employer has decided to adopt and reasonably expects will result in a financial benefit.
- engagement
means any such provision of service as is mentioned in subsection (1)(a);
- engagement to which Chapter 10 applies
has the meaning given by section 61M(5);
- engagement to which Chapter 8 applies
has the meaning given by section 49(5).
- engagement to which this Chapter applies
means any such provision of services as is mentioned in subsection (1).
- Entertainer
means an actor, dancer, musician, singer or theatrical artist.
- entertainment
includes hospitality of any kind, and
- equipment to enable a disabled person to use a car
means equipment—
- European travel expenses
means the cost of, and any additional expenses incurred in, travelling between the United Kingdom and a relevant European location.
- excepted foreign travel provisions
means—
- excess relief
means the amount of the difference between— a the total amount which may be deducted, and b the total income. 3 The amount of the excess relief may be treated as an allowable loss accruing to the former employee for that tax year.
- excess rent
means so much of the rent in respect of the taxable period paid— as exceeds the rental value of the accommodation.
- excluded amounts
has the same meaning as in subsection (1)(b) of section 270B (see subsection (4) of that section).
- excluded benefit
has the same meaning as in IHTA 1984;
- Excluded exemption
means an exemption conferred by any of the following provisions—
- excluded issue of shares
means an issue of shares of any of the following descriptions (in respect of which a charge to income tax arises)—
- excluded provision
means— a any provision of Chapter 2 of Part 5 of ITEPA 2003 (deductions for employee’s expenses) other than section 352 (limited deduction for agency fees paid by entertainers), and b any provision of Chapter 5 of Part 5 of ITEPA 2003 (deductions for earnings representing benefits or reimbursed expenses).”
- excluded services
means services provided wholly in the client's home;
- excluded transaction
means—
- exempt benefit
means a benefit the direct provision of which is exempted from liability to income tax by a provision of Part 4 (employment income: exemptions), and • “specified” means specified in the regulations.
- Exempt income
means pension income on which no liability to income tax arises as a result of any provision of Chapters 15A to 18 of this Part.
- existing arrangements
means arrangements in place when the agreement to incur the expenditure was made.
- exploration or exploitation activities
means activities carried on in connection with the exploration or exploitation of so much of the seabed and subsoil and their natural resources as is situated in the United Kingdom or the UK sector of the continental shelf.
- financial benefit award
means an award for a suggestion relating to an improvement in efficiency or effectiveness which the employer has decided to adopt and reasonably expects will result in a financial benefit.
- financial institution
has the meaning given in section 564B of ITA 2007 or section 502 of CTA 2009, and • “first owner” is to be construed in accordance with section 564D of ITA 2007 or section 504 of CTA 2009.
- finishing travel expenses
means expenses incurred by the employee in travelling to a place in the United Kingdom on the termination of the employment, and • “employee” includes a person who is to be, or has ceased to be, an employee.
- fixed rate loan
means a loan—
- Fixed sum expenses
means the sum, if any, fixed by the Treasury as in their opinion representing the average annual expenses which employees of the employee’s description are obliged to pay wholly, exclusively and necessarily in the performance of duties to which such earnings relate.
- for private purposes
means—
- foreign cash dividend
means a cash dividend paid in respect of plan shares in a company not resident in the United Kingdom.
- foreign earnings deduction provision
means—
- foreign employer
means an individual, partnership or body of persons resident outside, and not resident in, the United Kingdom, • “non-cash voucher” has the same meaning as in Chapter 4 of Part 3 (see section 84), •...
- foreign pension income
means— (a) income to which section 573 or 629 applies, and (b) income arising from a source outside the United Kingdom to which section 609, 610, 611 or 633 applies;
- foreign seafaring service
means service to which subsection (4), (5) or (7) applies.
- foreign service
has the meaning given by section 395C, • “member”, in relation to a pension scheme, has the meaning given by section 151 of FA 2004, • “overseas pension scheme” has the same meaning as in Part 4 of FA 2004 (see section 150(7) of that Act), • “payment” includes a transfer of assets and any other transfer of money's worth, • “pension scheme” has the meaning given by section 150(1) of FA 2004, and • “relevant non-UK scheme” is to be read in accordance with paragraph 1(5) of Schedule 34 to FA 2004.
- former area
means the area round or near the former residence of the employee, • “new area” means— (a) if the employment change is within section 273(2)(a) or (b) (change of employer or duties), the area round or near the place where the employee’s new duties normally are or are to be performed, and (b) if the employment change is within section 273(2)(c) (change of place of performance), the area round or near the new place where the duties of the employee’s employment normally are or are to be performed, • “relevant child” means a person who is a member of the employee’s family or household and is aged under 19 at the beginning of the tax year in which the employment change occurs, and • “subsistence” means food, drink and temporary living accommodation.
- former colliery worker
means—
- former employee
means an individual who has ceased to hold an employment.
- former employer
means— (a) the person under whom the former employee held the former employment, (b) a person for the time being carrying on the whole or any part of the business or other undertaking for the purposes of which the former employee held the former employment, (c) a person who is for the time being subject to any of the liabilities with respect to that business or other undertaking of the person mentioned in paragraph (a), and (d) a person who is connected with a person falling within paragraph (a), (b) or (c);
- former employment
means the employment which the former employee has ceased to hold;
- free or subsidised meal voucher or token
means a voucher, ticket, pass or other document or token which—
- fuel
includes electrical energy;
- full-time minister
means a person in full-time employment as a minister of a religious denomination, • “statutory amount” means an amount paid in pursuance of a provision in, or having the force of, an Act, and • “statutory deduction” means a deduction made in pursuance of such a provision.
- full-time student
means a person who is in full-time education at a university, college, school or other educational establishment.
- full-time working director
has the same meaning as in the benefits code (see section 67);
- further employment-related loan
means a loan which is an employment-related loan made in relation to—
- futures
means rights under a contract for the sale of a commodity or other property under which delivery is to be made at a future date at a price agreed when the contract is made;
- general earnings
means an amount of general earnings specified in the first column of the table, and
- General earnings from overseas Crown employment
means general earnings from such employment in respect of duties performed outside the United Kingdom.
- giving evidence
includes making a formal or informal statement or answering questions,
- goods vehicle
means a vehicle of a construction primarily suited for the conveyance of goods or burden of any description.
- graduated retirement benefit
means any benefit payable under— (a) section 36 or 37 of the National Insurance Act 1965 (c. 51), or (b) section 35 or 36 of the National Insurance Act (Northern Ireland) 1966 (c. 6 (N.I.));
- group
means a company and its 51% subsidiaries, and
- group company
means any member of the group;
- group of companies
means a company and any other companies of which it has control, and “group company” has a corresponding meaning;
- group relief
has the same meaning as in section 183(1) of CTA 2010.
- health-screening assessment
means an assessment to identify employees who might be at particular risk of ill-health, and • “medical check-up” means a physical examination of the employee by a health professional for (and only for) determining the employee's state of health.
- heavy goods vehicle
has the same meaning as in section 238(4) (modest private use of heavy goods vehicles), and
- homeworking arrangements
means arrangements between the employee and the employer under which the employee regularly performs some or all of the duties of the employment at home;
- host employer
means a person other than the employer in question—
- household expenses
has the same meaning as in section 316A.
- immediately and fully convertible
means convertible immediately after the acquisition of the employment-related securities so as to obtain the maximum gain that would be possible on a conversion at that time (assuming, where the securities into which the securities may be converted were not in existence at that time and it is appropriate to do so, that they were) without giving any consideration for the conversion or incurring any expenses in connection with it.
- incidental activities
means activities carried on in pursuance of purposes having no significant effect (other than in relation to incidental matters) on the extent of the company’s activities;
- inclusive price
means the price inclusive of—
- income tax law
has the same meaning as in section 9 of ICTA.
- income tax period
has the same meaning as in the Income Tax (Employments) Regulations 1993 (S.I. 1993/744), or any subsequent regulations making corresponding provision.
- income withdrawal
has the meaning given by paragraph 7 of that Schedule;
- independent person
means a person who is not (or where the controller is a committee, a committee none of whose members are)—
- individual learning account training
means training or education of a kind that qualifies for grants authorised by—