EIM01560 - Employment income: National Savings Certificate schemes: employer's contributions

Section 62 ITEPA 2003

Where an employer contributes to the purchase of National Savings Certificates for employees, the amount or value of the contribution is taxable as earnings within Section 62 ITEPA 2003 (see generally EIM00520 onwards).

(This text has been withheld because of exemptions in the Freedom of Information Act 2000)