[270A Limited exemption for qualifying childcare vouchers]
Income Tax (Earnings and Pensions) Act 2003 (2003 c 1) | Legislation

[270A  Limited exemption for qualifying childcare vouchers]

[(1)     If qualifying childcare vouchers are provided for an [eligible] [employee—

(a)     no liability to income tax arises by virtue of section 62 (general definition of earnings), and

(b)     liability] to income tax by virtue of Chapter 4 of Part 3 (taxable benefits: vouchers and credit tokens) arises only in respect of so much of the cash equivalent of the benefit as exceeds the exempt amount.

[For the meaning of “eligible employee”, see section 270AA.]

(2)     A “qualifying childcare voucher” means a non-cash voucher in relation to which Conditions A to [D] are met.

(3)     Condition A is that the voucher is provided to enable an employee to obtain care for a child who—

(a)     is a child or stepchild of the employee and is maintained (wholly or partly) at the employee's expense, or

(b)     is resident with the employee and is a person in respect of whom the employee has parental responsibility.

(4)     Condition B is that the voucher can only be used to obtain qualifying child care.

(5)     Condition C is that the vouchers are provided under a scheme that is open—

(a)     to the employer's [eligible] employees generally, or

(b)

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