Commentary on Sections Example 3 £150(Pe) – £50(E) = £100 Section 229: Mileage allowance payments
927.This section sets out the basic availability of the exemption for approved mileage allowance payments. The section derives from section 197AD of ICTA.
928.Subsection (1) has a reordered wording compared with the source legislation. When terms or labels first appear in this and subsequent subsections signposts to where they are defined accompany them.
929.Subsection (2) explains what are mileage allowance payments, in the process excluding passenger payments from them.
930.Subsection (3) explains what are approved mileage allowance payments.
931.Subsection (4) gives details of two circumstances in which the exemption does not apply.