Income Tax (Earnings and Pensions) Act 2003 section 84

Meaning of "non-cash voucher"

Section 84 defines what counts as a "non-cash voucher" for the purposes of taxing vouchers provided to employees, setting out four categories and clarifying the scope of each.

• A non-cash voucher is any voucher, stamp, document or token that can be exchanged for money, goods or services, plus childcare vouchers, transport vouchers and cheque vouchers — but not cash vouchers
• It does not matter whether a voucher is exchanged on its own or together with others, or whether it can be used immediately or only at a later date
• A transport voucher is a ticket, pass or similar document intended to enable a person to obtain passenger transport services, whether or not it must be physically exchanged
• A cheque voucher is a cheque given to an employee that is intended for use wholly or mainly to pay for particular goods or services, or particular classes of goods or services