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

Chapter 4Taxable benefits: vouchers and credit-tokens

Non-cash voucher: exceptions

85Non-cash voucher made available to public generally

This Chapter does not apply to a non-cash voucher if—

a

it is of a kind made available to the public generally, and

b

it is provided to the employee or a member of the employee’s family on no more favourable terms than to the public generally.

86Transport vouchers under pre-26th March 1982 arrangements

1

This Chapter does not apply to a transport voucher provided for an employee of a passenger transport undertaking under arrangements in operation on 25th March 1982 which meet the condition in subsection (2).

2

The condition is that the arrangements are intended to enable the employee or a member of the employee’s family to obtain passenger transport services provided by—

a

the employer,

b

a subsidiary of the employer,

c

a body corporate of which the employer is a subsidiary, or

d

another passenger transport undertaking.

3

In this section—

  • passenger transport undertaking” means an undertaking whose business consists wholly or mainly in the carriage of passengers or a subsidiary of such an undertaking, and

  • subsidiary” means a wholly-owned subsidiary within the meaning of section F11159 of and Schedule 6 to the Companies Act F22006.