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HMRC internal manual

National Insurance Manual

HM Revenue & Customs
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Class 1: Vouchers - non-cash vouchers - exemptions - small gifts from third parties

Regulation 25 and paragraph 6(e) of Part 5 of Schedule 3 Social Security (Contributions) Regulations 2001

Section 324 ITEPA 2003

NIM02416 shows the types of non-cash voucher (see NIM02413 ) that are specifically disregarded in calculating an employee’s earnings for Class 1 NICs purposes. Since 6th April 1999, a non-cash voucher which is exempt from income tax by virtue of the above tax provision is so disregarded.

For details of the tax position of such vouchers, see EIM21715.