Advertisement
If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)
Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie

Question on BIK

Options
  • 15-10-2009 9:19am
    #1
    alibabba
    Registered Users Posts: 1,240 ✭✭✭


    Is there a tax credit for benefit in kind ?


Comments

  • Options
    #2
    kennyb3
    Registered Users Posts: 6,724 ✭✭✭kennyb3


    No. your credits are your single/married persons credit and your paye Credit (assuming your not a proprietory director). If your income is already absorbing these, there is no extra credit.

    Its not the gross amount of the benefit thats the cost, rather the paye and prsi on same


  • Options
    #3
    alibabba
    Registered Users Posts: 1,240 ✭✭✭alibabba


    kennyb3 wrote: »
    No. your credits are your single/married persons credit and your paye Credit (assuming your not a proprietory director). If your income is already absorbing these, there is no extra credit.

    Its not the gross amount of the benefit thats the cost, rather the paye and prsi on same

    Thanks.
    Was there not a tax free amount of €250 for BIK ?


  • Options
    #4
    kennyb3
    Registered Users Posts: 6,724 ✭✭✭kennyb3


    only on vouchers - such as the oneforall ones. not on cars or vhi etc


  • Options
    #5
    alibabba
    Registered Users Posts: 1,240 ✭✭✭alibabba


    kennyb3 wrote: »
    only on vouchers - such as the oneforall ones. not on cars or vhi etc

    Sorry, i should have been more exact.
    Yes, its vouchers I was on about, where can i get info on this ?


Advertisement