Related Commentary  Related CasesRelated HMRC Manuals

62(1)  This section explains what is meant by “earnings”  in the employment income Parts.

62(2)  In those Parts “earnings,”  in relation to an employment, means–

(a)any salary, wages or fee,

(b)any gratuity or other profit or incidental benefit of any kind obtained by the employee if it is money or money's worth, or

(c)anything else that constitutes an emolument of the employment.

62(3)  For the purposes of subsection (2) “money's worth”  means something that is–

(a)of direct monetary value to the employee, or

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