Benefits in Kind definition

Benefits in Kind means, where the employer with the consent of the trustee company so determines, an amount of salary derived from benefits in kind, excluding such benefits as are within paragraph (b)(i) of the definition of salary, which either:
Benefits in Kind means health care and further benefits other than cash benefits as well as services;
Benefits in Kind medical services provided for by the legislation that regulates the fields in referred to in Article 2, paragraph 1, subparagraphs a)(i)(vii) and b) (vii) of this Agreement;

Examples of Benefits in Kind in a sentence

  • Benefits in Kind figures represent car allowance and mileage payments made to officers using cars to drive for business need.

  • Therefore, for the purposes of transparency, Members of Streets & Walkways Sub Committee (as the spending Committee for special event management) are asked to note the Benefits in Kind provided under this protocol and set out in Appendix 4.

  • Table 4.3 further exhibits that women who were not sexually active, but not on postpartum abstinence, took HIV and AIDS testing more frequently ( 2.462 more times) than those who were sexually active.

  • At Budget 2014 the Chancellor announced a number of measures aimed at simplifying the administration of employee Benefits in Kind (BiKs) and expenses.

  • These additional elements relate to the following elements: • Bonuses or Performance Related Pay • Charges, Fees or Allowances • Benefits in Kind • Any increase or enhancement to the pension entitlement as a result of the resolution of the Authority • Any amounts payable by the Authority to the Chief Fire Officer on the Chief Fire Officer ceasing to hold office other than amounts that may be payable by virtue of any enactment.

  • Benefits in Kind are the estimated financial value of non-cash, taxable benefits received by an employee that are chargeable to UK income tax – for example charges for Leased Cars.

  • A(2) Benefits in Kind A benefit in kind may arise to you by virtue of your employment.

  • Benefits in Kind (BiK) – BPKP/SKK Migas can have a different view on BiK costs with SKK Migas often allowing cost recovery but the DGT then arguing for an Article 21 Employee WHT obligation.

  • These additional elements relate to the following elements:  Bonuses or Performance Related Pay  Charges, Fees or Allowances  Benefits in Kind  Any increase or enhancement to the pension entitlement as a result of the resolution of the Authority  Any amounts payable by the Authority to the Chief Fire Officer on the Chief Fire Officer ceasing to hold office other than amounts that may be payable by virtue of any enactment.

  • Additional Loans and Benefits in KindIn accordance with Income Tax (Earnings and Pensions) Act 2003, Section 180, additional loans and Benefits in Kind will attract an individual liability to tax (because such an advance is classed by HM Revenue and Customs (HMRC) as being a beneficial loan) if the average amount outstanding on this and any other beneficial loans during a tax-year exceeds £10,000.


More Definitions of Benefits in Kind

Benefits in Kind means those benefits in kind provided for under the legislation of a Member State that are intended to supply, make available, pay directly or reimburse the cost of medical care or products and services ancillary to such care, including long-term carebenefits in kind.".
Benefits in Kind means the benefits chargeable under the Benefits Code as defined in section 63 of the Income Tax (Earnings and Pensions) Act 2003 as amended.
Benefits in Kind means - medical care provided under the health insurance scheme, according to the applicable legislation

Related to Benefits in Kind

  • Compensation and Benefits Programs means all compensation and benefit plans, policies, and programs of the Debtors, and all amendments and modifications thereto, applicable to the Debtors’ employees, former employees, retirees, and non-employee directors and the employees, former employees and retirees of their subsidiaries, including all savings plans, retirement plans, health care plans, disability plans, and incentive plans, deferred compensation plans, and life, accidental death, and dismemberment insurance plans.

  • Key Employees means each of the following individuals: Xxx Xxxxxxx, Xxxxx Xxxxxxxx, Xxxxx Xxxxxx and Xxxxx Xxxxxxx.

  • Permanent Employees means all employees who are not casual employees, or employees working in a long-term supply assignment, as defined below.

  • Severance Plan means any severance plan maintained by the Company that is applicable to the Participant.

  • Equity Awards will mean Executive’s outstanding stock options, stock appreciation rights, restricted stock units, performance shares, performance stock units and any other Company equity compensation awards.

  • Designated Employees means a person occupying any of the following position in the Company:

  • the Contributions and Benefits Act means the Social Security Contributions and Benefits Act 1992;

  • Equity Compensation means any stock option, stock appreciation, stock purchase, restricted stock, restricted stock unit, long term incentive cash bonus award or any other kind of equity-based plan, program, arrangement or grant regardless of whether the form of distribution is in stock or cash.

  • Cancellation Compensation means an amount payable by a Participating Dealer in respect of a default, as set out in the Trust Deed and in the Operating Guidelines applicable at the time the relevant Creation Application or Redemption Application is made.

  • income-related employment and support allowance means an income-related allowance under Part 1 of the Welfare Reform Act 2007;

  • Company Equity Awards means the Company Options, Company PSUs and Company RSUs.

  • Executive Employee means those employees of the Company of Grade Level 10 or above.

  • Continuing Employees shall have the meaning set forth in Section 6.9(a).

  • Special compensation means payment to an adult foster care facility to ensure the provision of a specialized program in addition to the basic payment for adult foster care. Special compensation does not include payment received directly from the Medicaid program for personal care services for a resident, or payment received under the supplemental security income program.

  • Fringe benefits means the amount of:

  • Pharmacy benefits management means the administration or management of prescription drug