EIM21005 - The benefits code: benefits chargeable under legislation other than the benefits code

Section 63(1) ITEPA 2003

A benefit is not chargeable under the benefits code (EIM20006) if it is already fully chargeable to Income Tax under some other provision. For example:

  • benefits capable of being turned into money charged (the 바카라 사이트śmoney바카라 사이트™s worth바카라 사이트ť principle) under section 62 ITEPA 2003, see EIM00540
  • benefits obtained by discharge of an employee바카라 사이트™s debt (the 바카라 사이트śpecuniary liability바카라 사이트ť principle) under section 62, see EIM00580.