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  • Tax Memo - Income tax - Employment income - Expenses and benefits - II. Benefits in kind - General principles - 27250
    A benefit in kind (referred to in this section as a benefit) is a payment made other than in cash to an employee or director by reason of the employment. Certain minor benefits which are available to all employees of an employer may be specifically exempted from tax. The employee may choose to reduce any taxable amount by making good (ΒΆ27265). The general test is whether the payment is one made in return for acting as, or being, an employee. -Hochstrasser v Mayes [1960] This means that payments or provisions...
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