Multiple employmentsU.K.
10(1)The threshold of £25,000 in paragraph 1(3) applies whether or not an employee has more than one employment as a relevant banking employee with a taxable company.U.K.
(2)If relevant remuneration is awarded during the chargeable period to or in respect of a relevant banking employee by reason of the employee's employment as such by a number of associated taxable companies, the threshold in paragraph 1(3) in relation to each of the taxable companies is £25,000 divided by the number of the taxable companies.
(3)For this purpose taxable companies are associated if—
(a)one of them is under the control of the other, or
(b)one of them is under the control of a third person who controls or is under the control of the other.