Section 46 — Finance Act 2008: In-work and return to work credits and payments

In-work and return to work credits and payments 46 1 In section 677(1) of ITEPA 2003 (UK social security benefits wholly exempt from tax), in Part 1 of Table B (benefits payable under primary legislation), insert at the appropriate places— In-work credit ETA 1973 Section 2 ETA( NI ) 1950 Section 1 In-work emergency discretion fund payment ETA 1973 Section 2 In-work emergency fund payment ETA(NI) 1950 Section 1 , and Return to work credit ETA 1973 Section 2 ETA(NI) 1950 Section 1 .

2 In Part 1 of Schedule 1 to that Act (abbreviations of Acts etc), insert at the appropriate places— ETA(NI) 1950 The Employment and Training Act (Northern Ireland) 1950 (c. 29 (N.I.)) , and ETA 1973 The Employment and Training Act 1973 (c. 50) .

3 The amendments made by this section have effect for the tax year 2008-09 and subsequent tax years.