What is the tax implication on Benefits in Kind (BiK) such as health insurance?

When a Customer pays for all or a percentage of an employee's health insurance, there is a Benefit in Kind tax (BiK) liability that occurs. This means the employee is liable to pay tax on the health insurance amount the Customer covers. Your health insurance will be taxed through payroll based on the labor laws of your country of residence.

See also:

• In what countries is the Allianz benefit offered?
• Can employees opt out of this benefit?