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

Chapter 4Taxable benefits: vouchers and credit-tokens

Cash vouchers: introduction

73Cash vouchers to which this Chapter applies

(1)

This Chapter applies to a cash voucher provided for an employee by reason of the employment which is received by the employee.

(2)

A cash voucher provided for an employee by the employer is to be regarded as provided by reason of the employment unless—

(a)

the employer is an individual, and

(b)

the provision is made in the normal course of the employer’s domestic, family or personal relationships.

(3)

A cash voucher provided for an employee and appropriated to the employee—

(a)

by attaching it to a card held for the employee, or

(b)

in any other way,

is to be treated for the purposes of this Chapter as having been received by the employee at the time when it is appropriated.

74Provision for, or receipt by, member of employee’s family

For the purposes of this Chapter any reference to a cash voucher being provided for or received by an employee includes a reference to it being provided for or received by a member of the employee’s family.