Part X – other exclusions

Part X of Sch. 3 collects any exclusions that do not fall into one of the other categories.

Paragraph 2 excludes amounts already included in earnings at some earlier point in time. This is particularly relevant to company directors, who can be liable to Class 1 on their drawings rather than on remuneration subsequently voted when the company accounts are finalised (see ¶1022-600ff.).

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