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This guide will explain what is the tax exemption on the BIK received by an employee. END OF GUIDE

This guide explains the prescribed average life span of various assets provided by employers to employees for Benefit-In-Kind (BIK). END OF GUIDE

This guide explains the prescribed value of motorcar and it's related benefits in Benefit-In-Kind (BIK). APPENDIX 2-(a) The Prescribed Value of Mo...

This guide will explain the Prescribed Value of Household Furnishing, Apparatus and Appliances in Benefits-In-Kind (BIK). END OF GUIDE

This guide will explain the Prescribed Value of Other Benefits in Benefit-In-Kind (BIK). END OF GUIDE

This guide will assisting you in further understanding what is BIK BIK – Commonly known as Benefit in Kind, is basically a kind of benefit that is provid...

This guide will assist you in determining the value of BIK (Benefit in Kind). There are two methods when it comes to determining the value of the BIK:  ...

When a motorcar is provided to an employee, the Benefit-in-Kind (BIK) is assessed based on the employee's private use of the vehicle and any related ben...

For Benefit-in-Kind (BIK) calculations under the prescribed value method, different categories of benefits are valued according to guidelines stated in Appe...

Benefit-in-Kind (BIK) refers to non-cash benefits provided by an employer to employees. These benefits must be properly configured in the system to ensure a...