Taxation - Benefit in Kind

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  • Created by: jutnut
  • Created on: 20-08-18 15:13

Taxation: Benefits in Kind:

Known as a Perk or Fringe Benefit: They are benefits which an employee or director received from their employment in addition to their salary. Inc cars, private heath care etc 

Tax free benefits in kind: 

  • Contributions made by the employer into an approved occupational or pension scheme
  • Free or subsidised meals provided on the premises
  • Free car, van, motorbike and bike parking at or near workplace
  • Child care arrangements 
  • Company phone paid for by…

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