EIM08008 - Employment income: transfer of real property by employees to the employer at more than market value

»Ê¹ÚÌåÓýapp guidance at EIM08001 onwards applies with any necessary modifications where an employee transfers an asset to his or her employer for more than its market value.

»Ê¹ÚÌåÓýapp amount chargeable under Section 62 ITEPA 2003 is:

  • the amount the employer pays the employee for the asset

less

  • its market value at the time of transfer.