SolvedEIM08005 | Employment income: transfer of real property to employees: alternative charges to tax
From HM Revenue & Customs · Employment Income Manual
Where on a transfer of property at undervalue liability is not established under Section 62 ITEPA 2003 (see EIM08001), it may arise under other legislation:
where the taxpayer is a member of the company providing the asset – as Savings and Investment Income (see CTM15250onwards)
where the employment concerned is not an excluded employment - under Part 3 Chapter 10 ITEPA 2003 (see EIM21640 onwards)
where the transfer is part of an unapproved retirement benefits scheme - under Part 6 Chapter 1 ITEPA 2003 (see EIM15010 onwards)
where the transfer is otherwise in connection with the termination of an office or employment - under Part 6 Chapter 3 ITEPA 2003 (see EIM13000 onwards)
where, exceptionally, a voucher or credit token is involved - under Part 3 Chapter 4 ITEPA 2003 (see EIM16010 onwards)