# Income Tax (Earnings and Pensions) Act 2003, Section 96A: Power to exempt use of non-cash vouchers or credit-tokens to obtain exempt benefits

Extent: E+W+S+N.I.

(1) The Treasury may by regulations provide for exemption from any liability that would otherwise arise by virtue of this Chapter in respect of—
(a) non-cash vouchers which are or can be used to obtain specified exempt benefits, or which evidence an employee's entitlement to specified exempt benefits;
(b) credit-tokens which are used to obtain specified exempt benefits.
(2) In this section—
“exempt benefit” means a benefit the direct provision of which is exempted from liability to income tax by a provision of Part 4 (employment income: exemptions), and
“specified” means specified in the regulations.
(3) Regulations under this section may operate by amending section 266 (exemption of non-cash vouchers for exempt benefits) or section 267 (exemption of credit-tokens used for exempt benefits).

---
Source: https://www.legislation.gov.uk/ukpga/2003/1/section/96A (the official version)
Page: https://openlegislation.uk/income-tax-earnings-and-pensions-act-2003/section-96A
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.