# Income Tax (Earnings and Pensions) Act 2003, Section 478: Amount of charge


(1) The taxable amount for the purposes of section 476 (charge on occurrence of chargeable event) is—
AG-DAwhere—
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.

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Source: https://www.legislation.gov.uk/ukpga/2003/1/section/478 (the official version)
Page: https://openlegislation.uk/income-tax-earnings-and-pensions-act-2003/section-478
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.