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VAT on Discounted Beer

I am after an opinion on the VAT treatment of a Discounted Beer scheme we offer in our local Rugby Club. Players are issued with several vouchers entitling them to purchase a pint for £1. After reading the HMRC guidance – my interpretation is that by classing the voucher as a money off token, VAT will only be payable on the £1 that the player has to cough up. Any UK tax experts out there to confirm my understanding?

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