EIM16060 - Vouchers and credit-tokens: transport vouchers
Section 84(3) ITEPA 2003
For a description of the points to consider in a case involving a voucher or a credit-token see EIM16030.
A transport voucher does not have to be capable of exchange for goods or services. It is different from other non-cash vouchers in this respect. It is defined as any kind of ticket, pass, document or token intended to enable a person to obtain passenger transport services.
A separate definition for a transport voucher was required mainly to ensure that all season tickets provided for employees are within the scope of the special rules.
A transport voucher is concerned with travel alone. Where for example, a voucher enables an employee to obtain a holiday including both travel and accommodation, it will fall to be dealt with as an ordinary non-cash voucher and not as a transport voucher (see EIM16040).
Part 3 Chapter 4 ITEPA 2003 does not apply to transport vouchers provided for employees of certain passenger transport undertakings, see EIM16070.
For the amount of earnings see EIM16140.
As regards leave travel facilities for members of the Armed Forces see EIM50100.