(1) In this section -
'benefit' means a tangible asset other than cash;
'qualifying incentive' means a relevant incentive that is the first or the second relevant incentive given to an employee in a year of assessment where -
(a) in the case of a first relevant incentive, the value does not exceed €1,000, and
(b) in the case of a second relevant incentive, the cumulative value of the first and second relevant incentives does not exceed €1,000;
'relevant incentive' means either a voucher or a benefit that is given to an employee by his or her employer in a year of assessment where the following conditions are satisfied:
(a) the voucher or the benefit does not form part of a salary sacrifice arrangement;
(b) the voucher can only be used to purchase goods or services and cannot be redeemed, in full or in part, for cash;
'salary sacrifice arrangement' means any arrangement under which an employee forgoes the right to receive any part of his or her remuneration due under his or
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