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19 Insurance Benefit, Etc

Volume 463: debated on Wednesday 6 April 1949

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Resolved:

"That—
  • (a) subsection (2) of section twenty-seven of the Finance Act, 1946, shall not apply to unemployment benefit, sickness benefit or maternity benefit;
  • (b) relief under subsection (1) of that section shall not, in the case of a contribution other than an employer's contribution, be given in respect of so much of the contribution as is referable to unemployment benefit, sickness benefit or maternity benefit;
  • (c) the payments which, under the said subsection (2), are to be charged to income tax under Schedule E shall be deemed for all the purposes of the Income Tax Acts (and in particular for the purposes of the Income Tax (Employments) Act, 1943) to be emoluments chargeable under that Schedule.
  • And it is hereby declared that it is expedient in the public interest that this Resolution should have statutory effect under the provisions of the Provisional Collection of Taxes Act, 1913."