Phrases with «taxable benefit»

A taxable benefit is something you receive from your employer that is considered a form of income and is subject to taxes. It could be things like a company car, housing allowance, or free meals. The value of the benefit is added to your total income and you pay taxes on it. Full definition

benefit (parent phrase)
taxable (parent phrase)

taxable benefit

Sentences with «taxable benefit»

If you start receiving taxable benefits, you need to include the amount of benefits you receive on your tax return as part of your salary or wages when you file. (policygenius.com)
Sometimes, it may be employer - paid (which creates taxable benefits), and other times, it may be funded by the employees (which creates tax - free benefits). (highincomeprotection.com)
The rate used is the one for calculating taxable benefits from low - interest and interest - free loans to employees and shareholders. (tsinetwork.ca)
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Phrases with «taxable benefit»

Sentences with «taxable benefit»

See also