EIM13250 - Termination payments and benefits: treatment of non-cash benefits within Section 401 ITEPA 2003

Section 401 ITEPA 2003

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.