Related Commentary  Related HMRC Manuals

270A(1)  If qualifying childcare vouchers are provided for an eligible employee–

(a)no liability to income tax arises by virtue of section 62 (general definition of earnings), and

(b)liability to income tax by virtue of Chapter 4 of Part 3 (taxable benefits: vouchers and credit tokens) arises only in respect of so much of the cash equivalent of the benefit as exceeds the exempt amount.

For the meaning of “eligible employee”, see section 270AA.

270A(2)  A “qualifying childcare voucher”  means a non-cash voucher in relation to which Conditions A to D are met.

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