As indicated in E4.660, the cash equivalent of employment-related benefits which are within the residual charge (broadly, those that are not within other chapters of the benefits code) is treated as earnings from the employment for the tax year in which the benefits are provided1. The cash equivalent is the cost of the benefit (see E4.663–E4.665) less so much as is made good2 by the employee to those providing the benefit; in relation to charges incurred for 2017/18 onwards, the making good must occur on
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