E1.1201A Conditions For The Occupation Income Provisions To Apply

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Commentary

Personal and employment tax

The provisions will only apply if conditions A, B and C are satisfied.

A. The individual carries on an occupation wholly or partly in the UK¹.

B. There are transactions or arrangements to exploit the individual's earning capacity in the occupation by putting another person in a position to enjoy:

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•�� all or part of the receipts from activities in the occupation, or
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•�� anything derived directly or indirectly from such income or receipts; income or receipts include payments for any description

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I4.265 Lifetime transfers reported late

I7.323 APR and successions

I9.421 Situs of simple contract debts for IHT

B3.340A Hire purchase of plant and machinery and similar contracts

I7.504 Designation for the conditional exemption

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