Section 211 — Income Tax (Earnings and Pensions) Act 2003: Special rules for scholarships: introduction

Special rules for scholarships: introduction 211 1 Sections 212 to 214 supplement the preceding provisions of this Chapter in the following ways— section 212 provides for certain scholarships provided under arrangements entered into by an employer or a connected person to be regarded as provided by reason of an employment; section 213 provides that this Chapter does not apply to certain scholarships provided under a trust fund or a scheme; section 214 provides a different method of determining the cost of an employment-related benefit if it consists in the provision of a scholarship from a trust fund.

2 Section 215 limits the extent to which section 776(1) of ITTOIA 2005 (exemption for scholarship income) applies to a scholarship whose provision constitutes an employment-related benefit.

3 In this section and sections 212 to 215 “ scholarship ” includes a bursary, exhibition or other similar educational endowment.