Publication 525 (2018), Taxable and Nontaxable Income ...
Most payments received by U.S. Government civilian employees for working abroad are taxable. However, certain cost-of-living allowances are tax free. Pub. 516 explains the tax treatment of allowances, differentials, and other special pay you receive for employment abroad....more
Taxability Of Employee Discounts - coupons4travel.com
Talking Tax: Employee discounts can be taxable income FREE. Employee discounts on services not falling under the "no-additional-cost service" exemption can still be treated as non-taxable fringe benefits, but only to the extent that the discount is no more than 20 percent of the normal price of the service (the 20 percent discount rule also applies to the purchase of goods by an employee)....more
Allowances, Differentials, and Other Special Pay | Internal ...
Payments received by U.S. Government civilian employees for working abroad, including pay differentials, are taxable. However, certain foreign areas allowances, cost of living allowances, and travel allowances are tax free. Pay differentials you receive as financial incentives for employment abroad ......more
Benefits and allowances - Canada.ca FREE Get Deal The amount of the GST/HST you include in the value of the taxable benefits is calculated on the gross amount of the benefits, before any other taxes and before you subtract any amounts the employee reimbursed you for those benefits....more
The purpose of the Withholding Tax Allowance (WTA) is to protect you from having to use part of your relocation expense reimbursements to pay Federal income tax withholding; it does not cover state taxes, local taxes, Medicare taxes, or Social Security taxes....more
7 things to know about taxability of food coupons or meal ...
Meal or lunch allowance or refreshment allowance is a perquisite, taxable under Income Tax Act. However, if free meal (i.e., food and non-alcoholic beverages) voucher such as Sodexo Pass, is provided by the employer during office hours at office or business premises, up to Rs.50 per meal given to the employee is exempt from tax....more
Some allowances are taxable and others are tax free, depending on the circumstances. In the Inland Revenue Employer's Guide — the 'Other Payments' section is all about employee allowances, with case studies and calculations....more
How to Compute Federal Relocation Income Tax Allowance ...
The government provides employees who relocate to a new and permanent office station with allowances to pay for moving expenses, such as house-hunting trips, shipment of house goods, mobile-home movement, and relocation services. The Relocation Income Tax (RIT) allowance is a benefit paid to federal government ......more
Employee housing can't be included in a cafeteria benefits plan. These are separate benefits and they must be taxed separately; If you pay employees a housing allowance or allow the employee to take extra pay instead of providing them housing, it's taxable to the employee, even if on-premises housing is one of the options...more
Publication 17 - Your Federal Income Tax (For Individuals) - Tax Withholding and Estimated Tax Expense allowances. Reimbursements or other expense allowances paid by your employer under a nonaccountable......more