Introduction Summary
1.This section and Schedule repeals Chapter 11 of Part 3 of the Income Tax (Earnings and Pensions) Act (ITEPA) 2003 so that employees (other than a lower paid minister of religion) earning at a rate of less than £8,500 a year will, from 6 April 2016, pay income tax on their benefits in kind (BiKs) in the same way as other employees earning at a rate of £8,500 or more.