EIM21101 - »Ê¹ÚÌåÓýapp benefits code: cash equivalent of benefits
Section 203(1) ITEPA 2003
»Ê¹ÚÌåÓýapp value of a benefit to be charged to tax is called its “cash equivalentâ€� (section 203(1) ITEPA 2003).
»Ê¹ÚÌåÓýapp general rule for determining the amount of a cash equivalent is described at EIM21102. »Ê¹ÚÌåÓýappre are special rules in the case of certain benefits. »Ê¹ÚÌåÓýappy are listed at EIM21230.