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Taxable Benefits
Taxable Benefits
Employment income is the money you earn from your job, which can include wages, salaries, bonuses, and tips. Besides your regular pay, you might receive other benefits from your employer, like a company car, private medical insurance, or housing allowances.
These benefits can add to your taxable income, meaning you might have to pay more tax. It's important to know which benefits are taxable and how much you need to pay to avoid surprises.
Getting advice from A Tax Advisor who can be very helpful when dealing with employment income and taxable benefits. we can help you find any reliefs or allowances you may be entitled to. By consulting Money Tax Smart, you can handle your tax obligations better and make smart decisions about your money.
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