Draft clause – Subsidised meals
for employees: salary sacrifice etc
Draft clause – Subsidised meals
for employees: salary sacrifice etc
(1) Section 317 of ITEPA 2003 (exemption from income tax in respect of
provision for employees by employer of free or subsidised meals) is amended
as follows.
(2) In subsection (1), for “C” substitute “D”.
(3) After subsection (4) insert -
“(4A) Condition D is that the provision is not pursuant to.
- (a) relevant salary sacrifice arrangements, or
- (b) relevant flexible remuneration arrangements.”
(4) After subsection (5) insert -
“(5A) In this section –
- “relevant salary sacrifice arrangements” means arrangements (whenever
made) under which the employee gives up the right to receive an amount
of general earnings or specific employment income in return for the provision
of free or subsidised meals, and
- “relevant flexible remuneration arrangements” means arrangements (whenever
made) under which the employee and employer agree that the employee is
to be provided with free or subsidised meals rather than receive some
other description of employment income.”
(5) The amendments made by this section have effect for the tax year 2011-12
and subsequent tax years.
