{
  "url": "https://openlegislation.uk/income-tax-act-2007/section-257FI",
  "json_url": "https://openlegislation.uk/income-tax-act-2007/section-257FI.json",
  "legislation": "ukpga/2007/3",
  "legislation_title": "Income Tax Act 2007",
  "legislation_url": "https://openlegislation.uk/income-tax-act-2007",
  "path": "section/257FI",
  "kind": "section",
  "number": "257FI",
  "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 257FE and 257FJ is given by the corresponding entry in column 2 of the table.\nProvision\nThe amount of value received\nSection 257FH(2)(a), (b) or (c)\nThe amount received by the investor or, if greater, the market value of the shares, securities or debt\nSection 257FH(2)(d)\nThe amount of the liability\nSection 257FH(2)(e)\nThe amount of the loan or advance, less the amount of any repayment made before the issue of the relevant shares\nSection 257FH(2)(f)\nThe cost to the issuing company of providing the benefit or facility, less any consideration given for it by the investor\nSection 257FH(2)(g)\nThe difference between the market value of the asset and the consideration (if any) given for it\nSection 257FH(2)(h)\nThe amount of the payment\nSection 257FH(7)\nThe amount of the payment or the market value of the asset\nSection 257FH(8)\nThe amount received by the investor or, if greater, the market value of the shares or securities",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Pt. 5A inserted (17.7.2012) (with effect in accordance with Sch. 6 para. 24(1) of the amending Act) by Finance Act 2012 (c. 14), Sch. 6 para. 1"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2007/3/section/257FI",
    "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."
}