EIM21101 - The benefits code: cash equivalent of benefits
Section 203(1) ITEPA 2003
The value of a benefit to be charged to tax is called its 바카라 사이트ścash equivalent바카라 사이트ť (section 203(1) ITEPA 2003).
The general rule for determining the amount of a cash equivalent is described at EIM21102. There are special rules in the case of certain benefits. They are listed at EIM21230.