SE61500 - Tax treatment of engineering employees: holiday pay: training schemes
Holiday pay
Under the holiday credits scheme in the engineering and allied
trades, the employer pays weekly sums to trustees on account of the
credit. The credit does not become the property of the employee
until it is paid out to him at holiday times, and, in these
circumstances, tax should be deducted when the credit is paid out
and not week by week.
As regards the deduction of tax from holiday pay under Stamp
Fund Schemes see
SE64500, and in the Building and Civil
Engineering Industry see
SE50600.
Training schemes
The Engineering Construction Industry Training Board (ECITB)
operates various training schemes. The principal on-going scheme is
the National Apprenticeship Scheme for Engineering Construction
(NASEC) which provides young persons with a programme of training
and work experience lasting for up to four years.
Participants in NASEC, and in other shorter-term ECITB
schemes, are regarded as trainees engaged under contracts of
training and not as employees. The allowances paid to them by the
ECITB are therefore not taxable emoluments but training allowances
which are not chargeable to tax.
As regards scholarships and awards generally, see
SE06200 onwards.
