SolvedEIM13250 | Termination payments and benefits: treatment of non-cash benefits within Section 401 ITEPA 2003
From HM Revenue & Customs · Employment Income Manual
A settlement agreement frequently includes items that are not payments of money. Where they are taxable only under section 401 ITEPA 2003 (see EIM12810 and EIM13030), where the benefit is received on or after 6 April 1998, see EIM13270
EIM13110 explains what received means.