In the heading, the words “certain legal expenses etc” substituted for the words “employee liabilities” by F(No. 2)A 2017, s. 4(5)(a), with effect in relation to the tax year 2017–18 and subsequent tax years.
410(1) This Chapter does not apply to a payment or other benefit received by an individual's personal representatives if or to the extent that–
(a)in the case of a cash benefit, it is provided for meeting the cost of a deductible amount, or
(b)in the case of a non-cash benefit, it is or represents a benefit equivalent to the cost of paying a deductible amount.