{
  "url": "https://openlegislation.uk/income-tax-act-2007/section-217",
  "json_url": "https://openlegislation.uk/income-tax-act-2007/section-217.json",
  "legislation": "ukpga/2007/3",
  "legislation_title": "Income Tax Act 2007",
  "legislation_url": "https://openlegislation.uk/income-tax-act-2007",
  "path": "section/217",
  "kind": "section",
  "number": "217",
  "heading": "The amount of value received",
  "text": "In a case falling within a provision listed in column 1 of the following table, the amount of value received for the purposes of sections 213 and 218 is given by the corresponding entry in column 2 of the table.\nProvision\nThe amount of value received\nSection 216(2)(a), (b) or (c)\nThe amount received by the investor or, if greater, the market value of the shares, securities or debt\nSection 216(2)(d)\nThe amount of the liability\nSection 216(2)(e)\nThe amount of the loan or advance, less the amount of any repayment made before the issue of the relevant shares\nSection 216(2)(f)\nThe cost to the issuing company of providing the benefit or facility, less any consideration given for it by the investor\nSection 216(2)(g)\nThe difference between the market value of the asset and the consideration (if any) given for it\nSection 216(2)(h)\nThe amount of the payment\nSection 216(5)\nThe amount of the payment or the market value of the asset\nSection 216(6)\nThe amount received by the investor or, if greater, the market value of the shares or securities",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2007/3/section/217",
    "retrieved_at": "2026-10-29T09:13:03.599581+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}