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

Article author
Mika Komatsuzaki
  • Updated

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:


Was this article helpful?

0 out of 0 found this helpful

Have more questions? Submit a request



Article is closed for comments.