V3.118 Trading stamps, discount vouchers, points, coupons and tokens
The above terms are used to denote evidence of entitlement to a reward, be it goods, services, or a reduction in the price of goods or services. They are normally delivered together with the purchase of goods or services, but may be purchased outright. For the purpose of this article, they do not include face-value vouchers (for which see V3.167).
In this article, the expression 'coupon' will be used, except where the context otherwise requires.
Treatment from 1 October 1999
Prior to 1 October 1999, HMRC took the view that where a person
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