Income Tax (Earnings and Pensions) Act 2003, Section 446V is up to date with all changes known to be in force on or before 06 March 2025. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
This Chapter does not affect any liability to income tax arising in respect of the acquisition under—
(a)Chapter 1 of Part 3 (earnings),
(b)Chapter 10 of Part 3 (taxable benefits: residual liability to charge),
[F2(ba)section 226A (employee shareholder shares: amount treated as earnings),]
(c)Chapter 3 of this Part (acquisition by conversion),
(d)Chapter 3A of this Part (securities with artificially depressed market value), F3...
(e)Chapter 5 of this Part (acquisition of securities pursuant to securities option) [F4, or
(f)Chapter 2 of Part 7A (employment income provided through third parties)]]
Textual Amendments
F1Pt. 7 Ch. 3C inserted (with effect in accordance with Sch. 22 para. 7(2) of the amending Act) by Finance Act 2003 (c. 14), Sch. 22 para. 7(1)
F2S. 446V(ba) inserted (1.9.2013) by Finance Act 2013 (c. 29), Sch. 23 paras. 10, 38; S.I. 2013/1755, art. 2
F3Word in s. 446V omitted (with effect in accordance with Sch. 2 paras. 52-59 of the amending Act) by virtue of Finance Act 2011 (c. 11), Sch. 2 para. 23(a)
F4S. 446V(f) and word inserted (with effect in accordance with Sch . 2 para. 52-59 of the amending Act) by Finance Act 2011 (c. 11), Sch. 2 para. 23(b)
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