The CO-OPs vouchers are taxable!
With a new Co-Op near home and a big one near our caravan on the coast, I was pleasantly surprised to get £18 worth of vouchers to splash out on all my favourite goodies (they do some great chunky vegan pasta).
The vouchers were accompanied by a sheet setting out how the points had accumulated etc and, just as it went ito the recycling bin, I spotted the words "Tax information". The bloody things carry a taxable element net of BR tax.
So should I now be sending an addendum to all my tax clients along the lines "one extra line for the checklist - are you a Co-Op member? Then I thought what about my 110,000 Nectar points? (yes my Nectar card is the most valuable thing in my wallet).
Roll on retirement