EIM08005 - Employment income:
transfer of real property to employees: alternative charges to
tax
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
CT15250 onwards).
- 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).
