SE42210 - Emoluments from offices and employments: basis of assessment - table setting out the basis of assessment to be used for particular types of payment, and benefits in kind
The receipts basis of assessment applies to all emoluments
(including deemed emoluments) from an office or employment from
1989/90 onwards (see
SE42200).
There are rules which tell you when different types of
emolument are treated as received. They are summarised in the
following table.
Table 1 covers all directors and employees whatever their
rate of pay
Table 2 provides additional rules for directors and employees
within Part V Chapter II (see
SE20100).
Table 1: all directors and employees whatever their rate of pay
| Section of charge | Type of emolument | Years assessable | Statutory authority |
| Section 19(1)1 | Money emoluments within Cases I and II | The year the emolument is received (see SE42260 for the meaning of “received”) | Section 202B(1)-(6) |
| Section 19(1)1 | Money emoluments within Case III | The year the emolument is received in the United Kingdom (see SE42370 for the meaning of “received in the United Kingdom”) | Section 202B(1)-(6) |
| Section 19(1)1 | Money’s worth (see SE00530) | The year the benefit is provided | Section 202B(11) |
| Section 19(1)1 | Pecuniary liability payments (see SE00580) | The year the payment is made | Section 202B(11) |
| Section 141 | Non-cash vouchers (see SE16010 onwards) | Cheque voucher – the year the employee uses it to get goods or services or, if earlier, the year it is appropriated to the employee. Other voucher – the later of the year the employer incurs the expense or the year the voucher is received (see SE16030). | Section 202B(8) |
| Section 142 | Credit tokens (see SE16090 onwards | The year the token is used | Section 202B(8) |
| Section 143 | PAYE cash vouchers (see SE16110) | The year the employee receives the voucher or, if earlier, the year it is appropriated to the employee | Section 202B(8) |
| Sections 145 and 146 | Living accommodation (see SE11300 onwards) | The year during which accommodation is provided | Section202B(9) |
| Section 148 | Payments on cessation, or a change in duties or emoluments etc (see SE13000 onwards) | For payments and
benefits received before 6 April 1998 – the year in which the
cessation or change took place.
For payments and benefits received on or after 6 April 1998 – the year in which the payment or benefit is received. As regards the meaning of “receipt” in relation to payments and benefits chargeable under Section 148, see SE13110. | Section 148(4)
Section 148(3) as amended by Section 58 FA 1998 |
| Section 149 | Sick pay (see SE06400 onwards) | The year the sick pay is received | Section 202B(1)-(6) ICTA 1988 and Section 42(3) FA 1989 |
| Section 313 | Restrictive covenants (see SE03600 onwards) | The year the payment is made | Section 313(1) |
| Section 19(1)2,3 and 4 and Section 133 | Pensions and annuities (see SE74101 onwards) | The receipts basis does not apply to pensions and annuities. The amount chargeable is the amount arising, or payable, in the year | Section 41(1)(a) and (b) FA 1989 |
| Section 617 | Social Security benefits (see SE76000 onwards) | The receipts basis does not apply to Social Security benefits. The amount chargeable is the amount arising, or payable, in the year | Section 41(1)(e) FA 1989 |
Table 2: additional rules for directors and employees within Part V Chapter II
| Section of charge | Type of emolument | Years assessable | Statutory authority |
| Section 153 | Expenses payments (see SE20601) | The year the payment is received (see SE42260) | Section 202B(1)-(6) |
| Section 154 | Benefits other than those mentioned below (see SE21001) | The year the benefit is provided | Section 202B(10) |
| Section 157 | Car benefits (see SE23002) | Years in which the car is available | Section 202B(10) |
| Section 158 | Car fuel (see SE23530) | Years in which the fuel is provided | Section 202B(10) |
| Section 160(1) | Beneficial loans (see SE26102) | Years in which the loan is outstanding | Section 202B(10) |
| Section 160(2) | Loan written off etc (see SE21740) | The year the loan is written off or released (see SE21741) | Section 202B(10) |
| Section 162(6) | Disposal of shares (see SSM6.52 | The year of the disposal | Section 202B(10) |
| Section 164(1) | Director’s PAYE paid by employer (see SE21790) | The year in which the tax is paid to the Board, except that if the tax is paid after the directorship has ended the charge is in the year the directorship ended (see SE21795) | Section 202B(10) |
