Cloud Payroll - BIK : What is Benefit in Kind (BIK)?: Revision history

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20 July 2022

  • curprev 03:4503:45, 20 July 2022‎ Azirah talk contribs‎ 419 bytes +419‎ Created page with "'''Question :''' <br> <big>What is '''Benefit in Kind (BIK)'''?</big> <br> <u><b>Answer :</b></u> ⇒ benefits not convertible into money, which means it cannot be sold, assigned, or exchanged for cash ⇒ benefits received by an employee ⇒ benefits are taxable, but there are certain benefits-in-kind which are either exempted from tax or are regarded as not taxable {{NavigateForUser}} Category:Users"
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