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benefit in kind

noun

  1. a nonpecuniary benefit, such as a company car or medical insurance, given to an employee
“Collins English Dictionary — Complete & Unabridged” 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012


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Example Sentences

The prime minister is expected to declare corporate tickets to games he attends as a benefit in kind in his MP's register, with an approximate value given.

From BBC

Johnson has declared the stay as a as a “benefit in kind” from businessman David Ross, who has a villa on the island.

Johnson’s spokesman, Max Blain, said the prime minister “transparently declared the benefit in kind.”

In Germany, air miles are taxed as a benefit in kind.

From BBC

Tax authorities have confirmed that tests will be treated as a "benefit in kind", and so will be subject to extra income tax for employees.

From BBC

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