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Exemption for Covid tests extended

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HMRC is extending the income tax exemption and NICs disregard from earnings for employer-provided and employer-reimbursed coronavirus tests for the 2022/23 tax year.

The Finance Act 2021 (Modification of Section 26) (Coronavirus) Regulations, SI 2022/275, provide the extension for income tax, and the equivalent disregard for NICs is made by the Social Security Contributions (Disregarded Payments) (Coronavirus) Regulations, SI 2022/276.

Issue: 1569
Categories: News