SCHEDULE 3 PAYMENTS TO BE DISREGARDED IN THE CALCULATION OF EARNINGS FOR THE PURPOSES OF EARNINGS-RELATED CONTRIBUTIONS
PART V CERTAIN NON-CASH VOUCHERS TO BE DISREGARDED AS PAYMENTS IN KIND
F16
A non-cash voucher to the extent that no liability to income tax arises by virtue of any of the following sections of ITEPA 2003—
a
section 270 (exemption for small gifts of vouchers and tokens from third parties);
b
section 305 (offshore oil and gas workers: mainland transfers);
c
section 321 (suggestion awards);
d
section 323 (long service awards);
F2da
section 323A (trivial benefits provided by employers)
e
section 324 (small gifts from third parties).