Treatment of voucher Gifts to EmployeesForums › Ask ACCA Tutor Forums › Ask the Tutor ACCA TX-UK Exams › Treatment of voucher Gifts to EmployeesThis topic has 1 reply, 2 voices, and was last updated 9 years ago by Tax Tutor.Viewing 2 posts - 1 through 2 (of 2 total)AuthorPosts June 6, 2016 at 12:44 pm #319850 saqlainrattansiMemberTopics: 93Replies: 98☆☆Hey mate,How would you treat the gift of a voucher exchangeable for goods? As a taxable benefit or as employment income?In which case, would the gift of a voucher worth £500 be exempt from income tax?Since other gifts to employees are exempt since the employees pay for it as a taxable benefit. June 7, 2016 at 1:28 am #320107 Tax TutorMemberTopics: 2Replies: 3965☆☆☆☆☆Vouchers for goods or services are TAXABLE unless specifically exempt and are therefore treated as employment income – OT notes chapter 9 section 7.1AuthorPostsViewing 2 posts - 1 through 2 (of 2 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In