PERQUISITES FROM EMPLOYMENT
SECOND ADDENDUM TO PUBLIC RULING NO. 1/2006 (dated 25.2.2009)
This Addendum provides clarification in relation to tax exemption on perquisites received by an employee pursuant to his employment in respect of:
(a) innovation or productivity award - paragraph 25C, Schedule 6 of the Income Tax Act 1967 (ITA).
(b) i. gift of a new personal computer - Income Tax(Exemption) (No. 4) Order 2008; and
ii. allowances, subsidised interest and gifts (the relevant Income Tax exemption order yet to be gazetted.)
Public Ruling 1/2006 Second Addendum - Perquisites from Employment dated 25.2.2009
LIVING ACCOMODATION BENEFIT PROVIDED FOR THE EMPLOYEE BY THE EMPLOYER ADDENDUM TO PUBLIC RULING NO. 3/2005 (dated 5.2.2009)
This Addendum provides clarification on the change in the determination of value of living accommodation benefit provided for the employee by the employer.
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