Sickness Benefit Scheme
16/06/1995
Query
Informal scheme operates which is funded jointly by employer and employees.
Decision
Tax relief is not allowed for the employees contributions. Benefits received by employees are chargeable to tax to the extent that they represent the employers contribution to the fund (under PAYE). Tax is not chargeable on the employees at the time the employers contributions are made to the fund.
Income Tax
Section 112, Taxes Consolidation Act, 1997
Origin: RLS Division
File ref:IT 95 1572