Personal Tax Treatment for Benefits-in-kind
10/09/2020
Is Long Service Award given to employee taxable as a benefit-in-kind? No, if it is non-cash in nature and if its value does not exceed $200.
See more details below as well as check out the other benefits-in-kind given to employees which are exempted from personal tax.
Need clarifications on Personal Taxation and IR8A submissions? Approach us at +65 66363691, +65 9326 2271 or info@lnmsolutions.com!
List of Benefits-in-Kind Granted Administrative Concession or Exempt from Income Tax