4.1ÌýÌýÌýÌý Valuation, and tax-free benefits
As a general rule, benefits-in-kind are valued at their fair value for both personal income tax and social security purposes.
Note that no personal income tax is levied on benefits-in-kind granted to employees and funded via profits or retained earnings which
To continue reading
View the latest version of this document, as well as thousands of others like it, sign in to Tolley+™ Research or register for a free trial
Web page updated on 17 Mar 2025 14:46