Guide: In what countries is Life Insurance treated as Benefit in Kind (BiK)?

Country

Is there a taxable benefit in kind?

Will the PAYE/tax and social security be withheld by Remote?

Albania

Yes

Yes

Argentina

Yes

Yes

Armenia

Yes

Yes

Australia

Yes

No 

Austria

Yes

Yes

Bangladesh

Yes

Yes

Belgium  

Yes 

Yes

Bolivia  

Yes

Yes

Bosnia and Herzegovina

Yes

Yes

Bulgaria

Yes

Yes

Cambodia

Yes

No

Canada

Yes

Yes

Chile

Yes

No

China

Yes

Yes

Colombia

Yes

No

Costa Rica

Yes

Yes 

Croatia

Yes

Yes

Cyprus

No

No

Czech Republic

Yes

Yes

Denmark

Yes

Yes

Dominican Republic

Yes

No

Ecuador

Yes

No

Egypt

Yes

Yes

El Salvador

Yes

Yes

Estonia
 

Yes for employees as a beneficiary

No

Finland

Yes

Yes

Georgia

Yes

Yes

Germany

Yes

Yes

Greece

No up to a certain amount

No

Guatemala

Yes

Yes

Honduras

Yes

Yes

Hong Kong

Yes

Yes

Hungary

Yes

Yes

Iceland

Yes

Yes

Indonesia

Yes

Yes

Israel

Yes

Yes

Italy

Yes

Yes

Jamaica

Yes

Yes

Japan

Yes

Yes

Kenya

Yes

Yes

Kosovo

Yes

Yes

Kyrgyzstan

Yes

Yes

Latvia

Yes

Yes

Lebanon

Yes

Yes

Lithuania
 

Yes

No

Luxembourg
 

Yes

Yes

Malaysia

Yes

No

Malta

Yes

Yes

Mauritius

Yes

Yes

Mexico

No

No

Moldova

Yes

Yes

Mongolia

No

No

Morocco

Yes

Yes

Netherlands

Yes

Yes

New Zealand

Yes

Yes

Nicaragua

Yes

Yes

North Macedonia

Yes

Yes

Norway

Yes

Yes

Pakistan

Yes

Yes

Panama

No

No

Paraguay

Yes

Yes

Peru

Yes

Yes

The Philippines

Yes

Yes

Poland

Yes

Yes

Portugal

Yes

No

Puerto Rico

Yes

Yes

Romania

Yes

No

Saudi Arabia

No

No

Serbia

Yes

Yes

Singapore

Yes

Yes

Slovakia  

Yes

Yes

Slovenia

Yes

No

South Korea

Yes

Yes

Spain

Yes

Yes

Sri Lanka

Yes

Yes

Switzerland

Yes

Yes

Taiwan

Yes

Yes

Thailand

Yes

Yes

Tunisia

Yes

Yes

Turkey

Yes

Yes

Uganda

Yes

Yes

United Kingdom

No

No

Uruguay

Yes

Yes

Vietnam

Yes

Yes

Zimbabwe

Yes

Yes