SE16170 - Vouchers and credit-tokens: deductions

Section 141(3) and 142(2) ICTA 1988

For a description of the points to consider in a case involving a voucher or a credit- token see SE16030.

One point to consider is what, if any, deductions can be made from the amount chargeable.

A deduction from the amount chargeable can be made for any expenses which would have been deductible if the employee had paid for the goods or services in question out of his emoluments. These cover

• Necessary expenses under Section 198 ICTA 1988 ( SE31620 onwards)
• Professional etc. subscriptions under Section 201 ICTA 1988 ( SE32880)
• Allowable expenses of ministers of religion under Section 332(3) ICTA 1988 ( SE60040 to SE60048).