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PAT PW YEOH
Public Rulings For EA Form Preparation & Related Employee Matters
A 1-Day Training Programme
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| Programme Outline |
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Public Ruling 1/2003: Tax Treatment of Leave Passage |
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Interpretation of the ruling |
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Leave passage benefit not assessable as an employment income |
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Leave passage assessable as an employment income |
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Leave passage expenditure incurred by the employer for his employee |
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Changes to the tax treatment of leave passage |
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Public Ruling 2/2004: Benefits-in-Kind |
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What is Benefits-in-Kind (BIK) |
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Ascertainment of the value of BIK |
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Difference between the formula and prescribed value method |
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Motorcar and other related benefits |
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Petrol provided without a car |
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Provision of a driver |
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Household furnishings, apparatus and appliances |
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Other assets and benefits |
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Changes over the years on the tax treatment of BIK |
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Public Ruling 4/2004: Employee Share Option Scheme Benefit |
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Types of Employee Share Option Scheme (ESOS) Benefit |
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Circumstances in which benefit from ESOS can arise |
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Method of calculation of the value of the benefit from ESOS |
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Employee’s and Employer’s responsibilities |
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Public Ruling 3/2005: Living Accommodation Benefit Provided for the Employee by the Employer |
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Tax treatment of living accommodation benefit provided |
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Computation of value of living accommodation (VOLA) |
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The 3 different categories of living accommodation |
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Living accommodation provided for part of the basis period |
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Deductible expenses related to living accommodation provided by the employer |
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Method of computation |
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Changes over the years on the tax treatment of living accommodation benefit provided |
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