HMRC internal manual

Employment Income Manual

EIM30534 - Deductions: directors and officers liabilities: relief for ex-employees: time limits

Section 556 ITEPA 2003

Deductions under Section 555 ITEPA 2003 are available to ex-employees only for amounts that they pay:

  • after cessation of the employment concerned and
  • within six years of the end of the year of assessment in which the employment ceased.