Statutory Instruments
2008 No. 1464
Income Tax
The Taxation of Benefits under Government Pilot Schemes (Up-Front Childcare Fund) Order 2008
Made
9th June 2008
Laid before the House of Commons
9th June 2008
Coming into force
1st July 2008
The Treasury make the following Order in exercise of the powers conferred by section 151(1)(a) and (7)(a) of the Finance Act 1996( 1 ).
Citation and commencement
1. This Order may be cited as the Taxation of Benefits under Government Pilot Schemes (Up-Front Childcare Fund) Order 2008 and shall come into force on 1st July 2008.
Income tax exemption under Part 2 of the Income Tax (Earnings and Pensions) Act 2003
2. The Income Tax Acts shall have effect in relation to any amount of benefit payable by virtue of the Government pilot scheme known as the Up-Front Childcare Fund as if it was exempt from income tax as employment income under Part 2 of the Income Tax (Earnings and Pensions) Act 2003( 2 ).
Dave Watts
Frank Roy
Two of the Lords Commissioners of Her Majesty’s Treasury
9th June 2008