EIM13310 - Termination payments and benefits: non-cash benefits other than living accommodation received after 6 April 1998: cash equivalent: rules appropriate to particular benefits

Section 415(2)(b) ITEPA 2003

EIM13280 explained that it is necessary to identify where the type of benefit being provided is dealt with in the benefits code.

Benefit	Cash equivalent instruction	Notes
Use of a car	EIM23015
Car fuel	EIM25550
Use of a van	EIM22700
Medical benefits	EIM21760
Beneficial loan facilities	EIM26101	The cash equivalent of the beneficial loan is also treated as interest paid and so may be available for relief - see EIM13320.
Mobile telephone	EIM21780
Other benefits	EIM21101	In particular, assets placed at the taxpayer’s disposal (except cars, mobile telephones and vans, which are dealt with above) - see EIM21615.

When the value is established, it is income of the year of receipt - see EIM13100.