Introduction Summary
1.Section 55 amends sections 266(3) and 267(2) of the Income Tax (Earnings and Pensions) Act 2003 (ITEPA) and inserts a new section 320B into the Act. The effect of these changes is to exempt from tax the provision to employees of one health-screening and one medical check-up each year. They also exempt from tax the provision of a non-cash voucher or credit-token used to facilitate the provision of such health-screening assessment or a medical check-up.