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

Chapter 4Taxable benefits: vouchers and credit-tokens

Credit-tokens: introduction

90Credit-tokens to which this Chapter applies

1

This Chapter applies to a credit-token provided for an employee by reason of the employment which is used by the employee to obtain money, goods or services.

2

A credit-token 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.