EIM20610 - The benefits code: deductions for expenses payments received

Section 72(2) and (3) ITEPA 2003

A director or employee, except one in an excluded employment ( EIM20007), can obtain a deduction in respect of any expenses payments received which satisfy the conditions of the following (all references to ITEPA 2003):

• necessary expenses in Section 336 ( EIM31620 onwards)
• various travel expenses in Sections 337 to 342 ( EIM31800 onwards)
• professional fees and annual subscriptions in Sections 343 and 344 ( EIM32880)
• employee liabilities and indemnity insurance in Section 346 ( EIM30500)
• the expenses of ministers of religion in Section 351 ( EIM60040) and
• earnings charged on remittance in Section 353 ( EIM40301 onwards).

See example EIM20607.