Revenue Note for Guidance
This Chapter provides the computational rules applicable in calculating the emoluments derived from an office or employment and the amount of any annuity, pension or stipend.
Any deduction from emoluments (that is, all salaries, fees, wages, perquisites or profits or gains whatever arising from an office or employment, or the amount of any annuity, pension or stipend) allowed under the Income Tax Acts for the purpose of computing a Schedule E assessment are to be made by reference to the amount actually paid or borne for the year or part of the year referable to the emoluments in respect of which the computation is made.
Relevant Date: Finance Act 2019