http://www.legislation.gov.uk/ukpga/2002/23/section/36/enacted
Finance Act 2002
Excise duties
VAT
Corporation tax
Gambling and lottery licences
Gambling and lotteries
King's Printer of Acts of Parliament
2021-08-03
Finance Act 2002
Sch. 16
para. 27(5)
(6)
Finance Act 2008
Sch. 39
para. 48
s. 118(2)
art. 2(2)
art. 10
Part 3Income tax, corporation tax and capital gains tax
Chapter 2Other provisions
Employment income and related matters
36Exemption of minor benefits: application to non-cash vouchers
1
In section 155ZB of the Taxes Act 1988 (power to provide for exemption of minor benefits), after subsection (2) add—
3
If by virtue of regulations under this section there is no charge to tax under section 154 in respect of a benefit (or there would be no charge if the employee were in employment to which Chapter 2 of Part 5 applied), there is no charge to tax under section 141 (non-cash vouchers) in respect of a voucher evidencing the employee’s entitlement to the benefit.
2
This section has effect for the year 2002-03 and subsequent years of assessment.