[554Z2 Value of relevant step to count as employment income]
Income Tax (Earnings and Pensions) Act 2003 (2003 c 1) | Legislation

[Chapter 2
Treatment of Relevant Step for Income Tax Purposes]

[Employment income]

[554Z2  Value of relevant step to count as employment income]

[(1)     If this Chapter applies by reason of a relevant step, the value of the relevant step (see section 554Z3) counts as employment income of A in respect of A's employment with B—

(a)     if the relevant step is taken before A's employment with B starts, for the tax year in which the employment starts, or

(b)     otherwise, for the

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