The benefits discussed in this communication are benefits which are provided in a form other than cash.
The general rule is that all benefits payable as a result of the service is basically taxable income to the recipient. From this general rule there are exceptions, including any benefits listed in the IL. The tax-free benefits included in this communication is governed by 11 Chapter. 2—5, 7—14, 17-20 And 26 § § IL. The second type of exception relates dedicated staff welfare benefits.
With the benefit paid for the service provided benefits in employment and assignment relation, benefits provided as compensation for temporary work or taxable benefits as any other reason will be taxed as earned income.
Taxable benefits are usually valued at market value, which is the price one would have paid in the resort if you yourself acquired equivalent goods or services. For the valuation of certain benefits used stencils.
The terms used in the message “employers” and “employee” generally refer also clients or any other provision of benefits as well as contractors or other recipients of the benefit. Of staff benefits and rewards, for example, offered also contractors on the same terms that apply to employees. However, there are situations where the equal sign can not be put between the different concepts. The question must therefore be taken into account as in the case of a client, etc.. It is not possible to exhaustively define the situations in which equal sign can not be.
If the employer provides a benefit to someone other than the employee, For example, a relative, and this was due to the employee's service, are taxable benefit of the employee (indirectly benefit).
If the employee pays for a taxable benefit to the benefit be reduced by the amount paid. To the employee shall be deemed to have paid for a taxable benefit requires that the payment made by taxable funds (net wage), either by cash payment to the employer or by the employer makes a deduction from the employee's net pay. A reduction of the cash gross salary does not mean that the employee shall be deemed to have paid compensation for a benefit.