Taxation - Benefit in Kind
- Created by: jutnut
- Created on: 20-08-18 15:13
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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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