Commentary on Sections Glossary Part 3: Employment income: earnings and benefits etc. treated as earnings Overview
287.This Chapter sets out the amount charged on the benefit of certain cash vouchers, non-cash vouchers and credit-tokens which are provided by reason of an employee’s employment. The cash equivalent of the benefit is treated as earnings from the employment.
288.The sections in this Chapter derive from sections 141 to 144 of ICTA.
289.Chapter 6 of Part 4 of this Act contains a number of exemptions from the charge on the benefit of vouchers and credit-tokens.
290.This Chapter is not listed in section 216 of this Act (provisions not applicable to lower-paid employments). Lower-paid employees are therefore not excluded from the charge.