fringe benefit tax

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• Fringe Benefits Tax (India) — Fringe Benefits Tax (FBT) is the tax applied to most, although not all, fringe benefits. A new tax was imposed on employers by India s Finance Act 2005 introduced for the financial year commencing April 1, 2005. The following items are covered:… …   Wikipedia

• Fringe Benefits Tax — (FBT) is the taxation of most, but not all fringe benefits, which are generally non cash employee benefits. The rationale behind FBT is that it helps restore equity and fairness to those employees who do not receive such benefits, and allows a… …   Wikipedia

• fringe benefit — n: an employment benefit (as a pension, a paid holiday, or health insurance) granted by an employer that has a monetary value but that does not affect basic wage rates Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. fringe benefit …   Law dictionary

• Fringe Benefits Tax (New Zealand) — Fringe Benefits Tax (FBT) within the system of taxation in New Zealand is the tax applied to most, although not all, fringe benefits ( perks ), including the ones provided through someone other than an employer. FBT is paid to the Inland Revenue… …   Wikipedia

• fringe benefit — any of various benefits, as free life or health insurance, paid holidays, a pension, etc., received by an employee in addition to regular pay. [1945 50] * * * Any nonwage payment or benefit granted to employees by employers. Examples include… …   Universalium

• De minimis fringe benefit — De Minimis Fringe Benefits are minimal or smallish perks provided by an employer; de minimis is legal Latin for minimal . Contents 1 Definition 2 Qualification as a de minimis fringe benefit 3 Examples of de minimis fringe benefits …   Wikipedia

• benefit — [ben′ə fit, ben′əfət] n. [ME benefet < OFr bienfait, a kindness < L benefactum, meritorious act < benefacere: see BENEFACTION] 1. Archaic a kindly, charitable act; benefaction 2. a) gain or advantage [tax legislation for the benefit of… …   English World dictionary

• Fringe (TV series) — Fringe Genre Science fiction Thriller Horror Drama …   Wikipedia

• Income tax in India — The Indian Income Tax department is governed by the Central Board for Direct Taxes (CBDT) and is part of the Department of Revenue under the Ministry of Finance.The government of India imposes an income tax on taxable income of individuals, Hindu …   Wikipedia

• benefit — I n. 1) to derive, get, reap (a) benefit from 2) a death; fringe; sickness (BE); tax benefit 3) to be of benefit to 4) for smb. s benefit 5) (misc.) to give smb. the benefit of the doubt; without benefit of clergy II v. (D; intr.) to benefit from …   Combinatory dictionary

• benefit — {{Roman}}I.{{/Roman}} noun 1 advantage ADJECTIVE ▪ considerable, enormous, great, huge, immense, major, real, significant, substantial, tremendous …   Collocations dictionary