Cloud Payroll - BIK : Additional Info for Prescribed Value Method

Question :
Additional Info for Prescribed Value Method

Answer :

For household furnishings, apparatus, and appliances, the prescribed value in respect of these benefits is given in Appendix 2 - (b) Prescribed Value of Household Furnishing, Apparatus and Appliances [[1]]

For other benefits, the prescribed value is listed in Appendix 2 - (c) Prescribed Value of Other Benefits[[2]]

For those other benefits not listed, it should be valued based on the below formula:

    Annual Value of the Benefit = Cost of Asset Provided as Benefit / Prescribed Average Life Span of The Asset 

Go to menu

AutoCount Accounting 2.0 & 2.1 AutoCount Accounting 2.0 What's New AutoCount Accounting 2.0 Help File AutoCount Accounting 2.0 FAQ (Application) AutoCount Accounting 2.0 FAQ (Troubleshoot) AutoCount Accounting 2.0 Others AutoCount Accounting 2.0 Release Note AutoCount Accounting 2.1 Release Note

AutoCount Accounting 1.8 / 1.9 AutoCount Accounting 1.8 FAQ (Application) AutoCount Accounting 1.8 FAQ (Troubleshoot) AutoCount Accounting 1.8 / 1.9 Release Note

AutoCount Payroll

AutoCount POS

AutoCount On The Go

AutoCount Accounting Plug-In Documentations