Value Added Tax Act 1994 Schedule 10A paragraph 6

Treatment of other kinds of face-value voucher

Section 6 of Schedule 10A sets out the VAT treatment of face-value vouchers that do not fall into the categories of credit vouchers, retailer vouchers or postage stamps.

• The supply of such a voucher is normally charged at the standard rate of VAT.
• If the voucher can only be used for goods or services in one non-standard rate category, the voucher supply falls into that category instead.
• If the voucher is actually used for goods or services all within one non-standard rate category, the voucher supply is treated as falling into that category.
• If the voucher is used for goods or services spanning multiple rate categories, the supply is split into separate supplies for each category, with values apportioned on a just and reasonable basis.