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EIM21005 | The benefits code: benefits chargeable under legislation other than the benefits code

From HM Revenue & Customs · Employment Income Manual

A benefit is not chargeable under the benefits code (EIM20006) if it is already fully chargeable to Income Tax under some other provision. For example:

  • benefits capable of being turned into money charged (the “money’s worth” principle) under section 62 ITEPA 2003, see EIM00540

  • benefits obtained by discharge of an employee’s debt (the “pecuniary liability” principle) under section 62, see EIM00580.