[87A Benefit of non-cash voucher treated as earnings: optional remuneration arrangements]
Income Tax (Earnings and Pensions) Act 2003 (2003 c 1) | Legislation

[87A  Benefit of non-cash voucher treated as earnings: optional remuneration arrangements]

[(1)     Where a non-cash voucher to which this Chapter applies is provided pursuant to optional remuneration arrangements—

(a)     the relevant amount is to be treated as earnings from the employment for the tax year in which the voucher is received by the employee, and

(b)     section 87(1) does not apply.

(2)     To find the relevant amount, first determine

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