# Income Tax (Earnings and Pensions) Act 2003, Section 270: Exemption for small gifts of vouchers and tokens from third parties


(1) No liability to income tax arises by virtue of Chapter 4 of Part 3 (taxable benefits: vouchers and credit-tokens) in respect of a non-cash voucher or a credit-token if conditions A to C are met.
(2) Condition A is that the voucher or token is provided as a gift.
(3) Condition B is that it is only capable of being used to obtain goods.
(4) Condition C is that it meets conditions A to C and E in section 324 (general exemption of small gifts from third parties).

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Source: https://www.legislation.gov.uk/ukpga/2003/1/section/270 (the official version)
Page: https://openlegislation.uk/income-tax-earnings-and-pensions-act-2003/section-270
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.