6 February 1957: Aware of the tax benefit, more London companies are giving meal vouchers to employees
Over 6,000 firms in the Greater London area now give most of their employees luncheon vouchers to help them with the cost of their midday meal. The vouchers can be worth any sum up to 3s, and they are handed over at the restaurant cash desk in part or full payment for the food which has just been served. About 150,000 employees in London are now enjoying this bonus, which has the very real advantage that no tax has to be paid on it. The Inland Revenue authorities have approved the general principle that a firm can charge at least a proportion of the cost of its employees’ midday meals to its own expenses.
Related: Vending machines revolutionise the way we have a cuppa – archive, 1 Feb 1957
Related: When Cynthia Payne gave me a luncheon voucher | Tim Dowling
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