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A meal voucher or luncheon voucher is a voucher for a meal given to employees as an employee benefit, allowing them to eat at outside restaurants, typically for lunch. In many countries, meal vouchers have had favorable tax treatment. Vouchers are typically in the form of paper tickets but are gradually being replaced by electronic vouchers in ...
Jacques Borel created a meal voucher called Ticket Restaurant in 1962. He was inspired by the original Luncheon Voucher, a concept launched in the United Kingdom in 1954 and the Luncheon Vouchers Company founded by John Hack in 1955, [2] A French government decree, passed in 1967, officially recognized the meal voucher as an employee benefit.
In a salary sacrifice arrangement an employee gives up the right to part of the cash remuneration due under their contract of employment. Usually the sacrifice is made in return for the employer's agreement to provide them with some form of non-cash benefit. The most popular types of salary sacrifice benefits include childcare vouchers and ...
A daily snapshot of the Idaho legislative session, from highlights and reported stories to the important events to keep on your radar.
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Lunch – midday meal [17] of varying size depending on the culture. The origin of the words lunch and luncheon relate to a small meal originally eaten at any time of the day or night, but during the 20th century gradually focused toward a small or mid-sized meal eaten at midday. Lunch is the second meal of the day after breakfast.
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