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benefit in kind
noun
- a nonpecuniary benefit, such as a company car or medical insurance, given to an employee
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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.
From Washington Times
Johnson’s spokesman, Max Blain, said the prime minister “transparently declared the benefit in kind.”
From Washington Times
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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