A company offers to send all its employees abroad to head office for a Christmas party. Is this a Benefit in Kind, and thus assessable for income tax? I'm guessing, if yes, there's a cost threshold per employee, below which it wouldn't be payable?
The company view it as a team and morale building exercise, and encourage everyone to go. How is this different from a residential corporate "wilderness adventure" which presumably wouldn't attract BIK?
The company view it as a team and morale building exercise, and encourage everyone to go. How is this different from a residential corporate "wilderness adventure" which presumably wouldn't attract BIK?