All UK Universal Voucher Codes have 14.36 % VAT included in the face value of the award. This is an agreed composite or blended rate for 2011-2012 with the Inland Revenue, and specific to our company. This means that a £100 voucher code costs £85.64 plus VAT. As a UK VAT registered company you can reclaim that 14.36% through your VAT return quarterly.
VAT On Vouchers Explained
This document sets out to explain the changes and provides guidance on compliance for each company in the supply chain. Download PDF
Tax and National Insurance on UK voucher schemes
The Voucher Association was founded in 1996 to promote and represent the interests of UK voucher providers. The Voucher Association has a broad range of aims and objectives Download PDF
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