EIM21001 - The benefits code: general

Part 3 Chapter 10 ITEPA 2003

The broad effect of the special rules in Part 3 Chapter 10 ITEPA 2003 ( EIM20010) is to tax a director, or an employee, except one in an excluded employment ( EIM20007), on benefits provided by reason of the employment for himself or for members of his household or family, except for those which are:

• already chargeable to income tax by virtue of other legislation ( EIM21005) or
• specifically exempt from charge ( EIM21240) or
• covered by a dispensation issued by an Inspector ( EIM30051 onwards).