EIM20610 - The benefits code: deductions for expenses payments received

Section 72(2) and (3) ITEPA 2003

A director or employee, (except for 2015 to 2016 and earlier 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.