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HMRC internal manual

Employment Income Manual

HM Revenue & Customs
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Vouchers and credit-tokens: apportionment where two or more employees involved

Sections 77, 87(5) and 94(4) ITEPA

For a description of the amount of earnings under the vouchers or credit-token legislation see EIM16140.

Where an employer or third party incurs expense in or in connection with, the provision of a voucher or credit-token for two or more employees jointly, the expense has to be apportioned. The expense attributable to each of these employees, that is the amount on which the employee will be charged tax, is to be apportioned on a just and reasonable basis.

(This content has been withheld because of exemptions in the Freedom of Information Act 2000)