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Tax benefit

CChukwuemeka10y ago
What is the difference between a tax benefit and exempt benefits?
TTTax Tutor10y ago#1
The answer is in the question! Exempt benefits are not taxable on the employee whereas taxable benefits clearly are taxable and you then have to learn the basis by which each such taxable benefit is taxed, be that the provision of a car, the use of a property or any other such benefit provided by the employer. See OT course notes chapter 9 and associated lectures
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