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HMRC internal manual

Employment Income Manual

From
HM Revenue & Customs
Updated
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Employment income: transfer of real property to employees: capital gains tax liability and Trading Income deduction for the employer

If an employment income liability is established on the transfer of an asset (see EIM08001), the capital gains tax liability of the employer should be dealt with in accordance with CG16270 onwards. A claim for a Trading Income deduction should be dealt with in accordance with BIM47110.