Cash voucher
For tax and NICs purposes, a cash voucher is any voucher that can be exchanged for a sum of money greater than, equal to or not substantially less than the cost of providing the voucher.
For more guidance look at EIM16110 and NIM02465 to NIM02468.
Non-cash voucher
For tax and NICs purposes, a non-cash voucher is any voucher, stamp or similar document or token capable of being exchanged for money, goods or services. It does not include a cash voucher. It includes a travel document such as a season ticket, which enables the user to travel on a passenger transport service with or without surrendering the travel document.
For more guidance look at EIM16040 and NIM02412 to NIM02483.
Credit-token
For NIC purposes, there is no specific provision covering credit-tokens.
For tax purposes, it is a card, token, document or other thing where on its production money goods or services will be provided. It does not include a cash voucher or a non-cash voucher. For example it will include a credit card that is used to operate a machine such as a cash dispenser.
In this guidance on vouchers and credit-tokens, the phrase 'credit card' also applies to a charge card and a credit-token.
For more guidance look at EIM16090, NIM02090 and NIM02190.
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