Free ACCA & CIMA online courses from OpenTuition

Free Notes, Lectures, Tests and Forums for ACCA and CIMA exams

March 2025 ACCA Exams

Comments & Instant poll >>

20% off ACCA & CIMA Books

OpenTuition recommends the new interactive BPP books for June 2025 exams.
Get your discount code >>

Ask about perquisite received by employee from employer

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA TX-UK Exams › Ask about perquisite received by employee from employer

Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
    Posts
  • May 26, 2014 at 4:17 pm #170963
    VitasLoh
    Member
    • Topics: 4
    • Replies: 3
    • ☆

    What is meant by HAVING employment ?
    what is the different between having employment and exercise employment regarding to the perquisite whether or not to tax on it.
    It will be greatly appreciated for any relevant reply.Thanks in advance. And sorry for posting in wrong forum.

    May 29, 2014 at 2:35 pm #171657
    Tax Tutor
    Member
    • Topics: 2
    • Replies: 3965
    • ☆☆☆☆☆

    I do not recognise either expression you use in relation to employment. If a taxpayer is in employment then there are 3 categories of benefit:
    Exempt
    Assessable on all employees
    Assessable only on employees with gross emoluments exceeding £8500

  • Author
    Posts
Viewing 2 posts - 1 through 2 (of 2 total)
  • You must be logged in to reply to this topic.