Income Tax (Earnings and Pensions) Act 2003 section 90

Credit-tokens to which this Chapter applies

Section 90 defines which credit-tokens fall within the scope of this Chapter and when a credit-token is treated as provided by reason of employment.

• The Chapter applies to any credit-token provided to an employee by reason of their employment, where the employee uses it to obtain money, goods or services.
• A credit-token provided by an employer is automatically treated as provided by reason of the employment unless a specific exception applies.
• The exception applies only where the employer is an individual and the credit-token is given in the normal course of their domestic, family or personal relationships.
• This personal-relationship exception mirrors equivalent rules for cash vouchers and non-cash vouchers elsewhere in the Act.