Part 3Employment income: earnings and benefits etc. treated as earnings

Chapter 4Taxable benefits: vouchers and credit-tokens

Meaning of “non-cash voucher”

84Meaning of “non-cash voucher”

1

In this Chapter “non-cash voucher” means—

a

a voucher, stamp or similar document or token which is capable of being exchanged for money, goods or services,

F1ab

a childcare voucher,

b

a transport voucher, or

c

a cheque voucher,

but does not include a cash voucher.

2

For the purposes of subsection (1)(a) it does not matter whether the document or token is capable of being exchanged—

a

singly or together with other vouchers, stamps, documents or tokens;

b

immediately or only after a time.

F22A

In this Chapter “childcare voucher” means a voucher, stamp or similar document or token intended to enable a person to obtain the provision of care for a child (whether or not in exchange for it).

3

In this Chapter “transport voucher” means a ticket, pass or other document or token intended to enable a person to obtain passenger transport services (whether or not in exchange for it).

4

In this Chapter “cheque voucher” means a cheque—

a

provided for an employee, and

b

intended for use by the employee wholly or mainly for payment for—

i

particular goods or services, or

ii

goods or services of one or more particular classes;

and, in relation to a cheque voucher, references to a voucher being exchanged for goods or services are to be read accordingly.