Commentary on Sections Example 3 £150(Pe) – £50(E) = £100 Overview
1084.This Chapter provides exemptions which apply to non-cash vouchers and credit-tokens. Anything provided by way of a non-cash voucher or credit-token which is not in the exemptions provided by this Chapter remains chargeable, even if it would be exempt where provided direct. Bringing these exemptions together is a change in approach.
1085.The derivations of the exemptions in this Chapter are those given for the exemptions applying to equivalent direct provision.
1086.The different wording used in each section and subsection in this Chapter reflects the different ways in which vouchers and credit-tokens may be used and the circumstances in which the exemption will apply.