Commentary on Sections Example 3 Ne = £5,000; Da = 183; De = 183; Smg = 0 Section 480: Amount of gain realised by assigning or releasing option
1987.This section mirrors section 479 and sets out the rules which apply to the computation of the gain when the option is assigned or released. As the EMI provisions do not apply when an option is assigned or released no signpost is required here.