Where a voucher other than a ‘cash voucher’ (see ¶9415) is provided for an employee by reason of his employment, there is generally a charge on the employee (although some exemptions apply – for example where the voucher is for the provision of a benefit that would, if provided directly, be tax-free). It may arise in the tax year in which the expense is incurred or the voucher is received or used but it is reduced by amounts the employee reimburses or amounts deductible if the employee had incurred the expense himself.

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