Benefits In Kind
Benefits may be defined as everything, not in the form of money, which an employee (and members of his family or household) receives from the employer or from other persons, by virtue of the employee's job. A simple description would be "perks of the job".
Employers are required to operate the Employees Tax Instalment ("ETI") Scheme on benefits.
Please see the pdfs below for further information.
Document downloads
Benefits in Kind Explanatory Guide 2013
What are benefits in kind and how are they taxed?
Benefits in Kind Statements of Practice
Further clarification on benefits in kind
Benefits in Kind Return 2009
BinK Return 2009
Benefits in Kind return 2010
BinK return 2010
Benefits in Kind return 2011
BinK return 2011
Benefits in Kind return 2012
2012
Benefits in Kind Letter to Employers (Oct 2008)
BinK Emp Ltr
Benefits in Kind Letter to Software Providers (Oct 2008)
BinK Software Ltr
The Director (Income Tax)
(Opening Hours - 8.30am to 4.00pm Mon- Fri) , Income Tax Office, PO Box 37, 2 Cornet Street, St Peter Port, GY1 3AZ, GuernseyTel: +44 1481 724711 Fax: +44 1481 713911
Email: enquiries@tax.gov.gg
