An extensive guide on how benefits in kind tax works around the world, when employees are exempted from it, how companies can offset it, and how to file benefit in kind taxes accurately for your employees.
When I first moved from running Italian payroll to being responsible for international payroll in multiple countries, I remember being surprised by how complex being compliant with many different regulations was. It was challenging to ensure employees’ net salaries were impacted consistently across different countries. This was particularly the case with benefits in kind (vs general benefits) as they are treated differently across the board.
As many companies opt to operate remotely, they will need to comply with many rules and regulations. A 10-step guide how to be a compliant remote company.