EIM21722 - Particular benefits: heating, lighting, cleaning etc. expenses of job-related living accommodation: 10% limit: meaning of net amount of the earnings

Section 315 ITEPA 2003

The 鈥榥et amount of the earnings鈥� for the purpose of the restrictions described at EIM21721 means the total earnings from the employment excluding the expenditure on items 1, 2 and 3 in EIM21721 less:

  • ordinary contributions to an approved superannuation fund
  • capital allowances
  • retirement annuity payments
  • deductions allowed from taxable earnings under Part 5 ITEPA 2003 (EIM31620 onwards) or mileage allowance relief available under section 232 ITEPA 2003.

EIM21723 sets out how to deal with back-pay and when to include earnings from any employment with an associated company.

Examples showing how to calculate the 鈥榥et amount of the earnings鈥� are listed at EIM21724.