BIK (Benefit-In-Kind) is the value of non-cash benefits you receive from your employer, like:
- Company cars
- Company-paid health insurance
- Free accommodation
These benefits are treated like extra salary for tax purposes.
What is BIK?
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About the Author: Cathal Maxwell
Cathal brings over 40 years of tax experience, advising individuals and businesses on Income Tax, Capital Taxes, Inheritance Tax, Stamp Duty, and VAT.
