Part 5Employment income: deductions allowed from earnings
C1Chapter 2Deductions for employee’s expenses
Annotations:
Modifications etc. (not altering text)
General rule for deduction of employee’s expenses
336Deductions for expenses: the general rule
1
The general rule is that a deduction from earnings is allowed for an amount if—
a
the employee is obliged to incur and pay it as holder of the employment, and
b
the amount is incurred wholly, exclusively and necessarily in the performance of the duties of the employment.
2
The following provisions of this Chapter contain additional rules allowing deductions for particular kinds of expenses and rules preventing particular kinds of deductions.
3
No deduction is allowed under this section for an amount that is deductible under sections 337 to 342 (travel expenses).
Pt. 5 Ch. 2 restricted (6.4.2006) by Finance Act 2004 (c. 12), s. 284(1), Sch. 33 para. 1(5) (with Sch. 36)