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Fringe benefits |
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Fringe benefitsBenefits to employees additional to salary. Typical examples would be company cars, expense accounts and private medical insurance which in the USA are not normally taxable. However they would be liable for tax in the UK.Similar MatchesFixed benefitsFixed benefitsPayments to a beneficiary that are paid in fixed preset amounts and are not variable. Benefits in kindBenefits in kindThese are benefits, excluding salaries, given to employees which include cars and car fuel, medical insurance and gifts etc. and which are taxed as employment income. Living benefitsLiving benefitsLife insurance benefits from which the insured can draw cash while still living, usually in the case of some high-cost illness. Social Security benefitsSocial Security benefitsMonthly government payments to retired workers or their families who have paid Social Security taxes for a total of 40 quarters or 10 years. Indirect diversification benefitsIndirect diversification benefitsDiversification benefits provided by the multinational corporation that are not available to investors through their portfolio investment. Further SuggestionsIncremental costs and benefitsaccrued benefits unfunded unapproved retirement benefits scheme Benefits Agency |
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