Part 7Employment income: income and exemptions relating to securities
F1Chapter 5Securities options
Tax charge on post-acquisition chargeable events
478Amount of charge
(1)
The taxable amount for the purposes of section 476 (charge on occurrence of chargeable event) is—
where—
AG is the amount of any gain realised on the occurrence of the chargeable event, and
DA is the total of any deductible amounts.
(2)
Section 479 explains what is the amount of any gain realised on the occurrence of a chargeable event.
(3)
Section 480 specifies what are deductible amounts.