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Legislation
Income Tax (Earnings and Pensions) Act 2003

Chapter 4 Post-acquisition benefits from securities

  • Section 447 Charge on other chargeable benefits from securities
  • Section 448 Amount of charge
  • Section 449 Case outside this Chapter
  • Section 450 Definitions
  • Crossheading Tax charge where restrictions or rights varied
  • Crossheading Tax charge on increase in value of shares of dependent subsidiaries
  • Crossheading Tax charge on other benefits from shares
  • Crossheading Supplementary provisions
  • Crossheading Interpretation
  1. Chapter 4 · Post-acquisition benefits from securities
  2. Amount of charge

Section 448 | Amount of charge

From legislation.gov.uk

The taxable amount for the purposes of section 447 (charge on other chargeable benefits) is the amount or market value of the benefit.F1

Notes

  1. F1

    Pt. 7 Ch. 4 (ss. 447-450) substituted for Pt. 7 Ch. 4 (ss. 447-470) (16.4.2003 with effect in accordance with Sch. 22 para. 9(2)-(4) of the amending Act) by Finance Act 2003 (c. 14), Sch. 22 para. 9(1)

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