Adjusted net income for tax free childcare - phantom share award

I receive an annual salary and annual bonus from my PAYE employment. Part of the bonus is deferred into "phantom shares" of my company which vest i.e. I can cash them out every 3 years. How are phantom shares taken into account for the adjusted net income calculation? I assume they do not form part of my annual income for the respective tax year as I have not "cashed them" and thus have no income from them? can anyone advise? Thanks

Hi csrs1000,
As the shares would normally be included within your P60 information then thiis will have no effect.
Thank you.