Statute
Section 556 — Income Tax (Earnings and Pensions) Act 2003: Deductible payments made outside the time limits allowed
Text of the provision Official document
Deductible payments made outside the time limits allowed 556 1 No deduction may be made under section 555 if the deductible payment is made—
a on or before the day on which the former employee ceased to hold the former employment, or b after the end of the sixth tax year following the tax year in which the former employee ceased to hold the former employment.
2 If subsection (1)(a) applies, see section 346 (deduction for employee liabilities).
Official source: legislation.gov.uk
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