The Italian Revenue Agency issued Jan. 15 issued Answer No. 5/2025, clarifying the taxation of employee fringe benefits paid through a nominative debit card. The taxpayer, a company, planned to adopt ...

The Kenya Revenue Authority (KRA) reduced the Fringe Benefit Tax and Deemed Interest Rate from 16% to 13% Similarly, the government's principal revenue collector said that it had cut the Low-Interest ...

In the latest adjustment, the taxman has lowered the fringe benefits tax to 13 percent for the next three months until March 2025 because of the prevailing reduced market interest rates—the ...

Office workers could be taxed for perks like on-site gyms, parking, transit passes and free meals under a proposal floated by ...

The Kenyan Revenue Authority Jan. 17 announced the interest rates for Q1 2025 fringe benefit taxes and deemed interest, and the Q1-Q2 2025 low interest benefit rate. The announcement includes that for ...

When tax time rolls around ... or capital gains you realize after selling an asset like a stock. 3. Fringe benefits Fringe benefits sound like fun, but they’re actually just a term for being ...

The Kenya Revenue Authority (KRA) has announced new tax rates for the Fringe Benefits Tax, Deemed Interest Rate and Low-Interest Benefit. The revenue authority in a statement on Friday, January 17, ...

The Australian Hotels Association (AHA) has welcomed today’s policy proposal for the Coalition, which would introduce a capped tax deduction for small businesses of $20,000 for business-related meal ...

Dear Rusty: I am 65 and currently working full-time. Can I apply for and start receiving my Social Security benefit? I’d expect to have to pay income tax on it if/when I do. Signed: Curious Worker ...