NMWM09350 | Pay reference periods and elements of pay: vouchers, stamps and similar documents
From HM Revenue & Customs · National Minimum Wage Manual
Relevant legislation
The legislation that applies to this page is as follows:
National Minimum Wage Regulations 2015, regulation 10(g)
The value of any voucher given to a worker by the employer is not a payment which counts towards a worker’s total remuneration (NMWM09050) for National Minimum Wage purposes. This includes vouchers, stamps or similar documents whether or not they can be exchanged for cash, goods or services.