#Natura (Taxable Benefits in Kind)

Dualism in Benefit in Kind Charges: A Dispute-Prone Issue

To be deductible from gross income, the provision of Benefit in Kind (BiK)or fringe benefits must be related to earning, collecting, and maintaining income (3M). Conversely, if these criteria are not met, the provision of BiK or fringe benefits cannot be treated as a deductible expense. Therefore, there are two types of BiK in this context: BiK that fulfills the 3M criteria and BiK that does not.

Feb 6, 2025

DGT Releases Nominative List Format for BiK/Fringe Benefits, Here are the Details

Aug 27, 2024

One Year in Effect, Issues Persist with the Implementation of Benefit-in-Kind Provision

Since its release a year ago, the implementation of technical provisions on tax on benefit in kind and fringe benefit, as stipulated in the Minister of Finance Regulation (PMK) Number 66 Year 2023, still raises issues for taxpayers.

Jul 2, 2024

The DGT Still Reviewing the Urgency of Issuing a Circular Letter on Benefit in Kind

Directorate General of Taxes (DGT) admits that the implementation of provision on Benefit in Kind (BiK) or fringe benefits as regulated in the Minister of Finance Regulation (PMK) Number 66 Year 2023 is still being reviewed. 

Oct 26, 2023

Anticipating Tax Risks in 2024: MUC Consulting to Host a Seminar on Latest Regulations

MUC Consulting in collaboration with the Razikun Tarkosunaryo Public Accounting Firm (KAP RTS) will hold a seminar entitled "Tax and Accounting Aspects of Benefit in Kind (BiK) and Fringe Benefits according to PMK 66/2023 and PMK 72/2023".

Oct 20, 2023

Socializing Benefit in Kind Regulation, MUC Consulting Collaborates with Suryacipta

In collaboration with PT Suryacipta Swadaya, MUC Consulting held a socialization of tax regulation regarding the provision of Benefit in Kind (BIK) or fringe benefits as stipulated in the Minister of Finance Regulation (PMK) Number 66 Year 2023.

Jul 27, 2023

Effective on 1 July 2023, Tax Provision on Benefit in Kind Finally Released 

Minister of Finance Sri Mulyani Indrawati has finally released technical provisions regarding the taxation of Benefit in Kind (BIK) and/or fringe benefit, through Minister of Finance Regulation (PMK) Number 66 Year 2023. 

Jul 12, 2023

Check Out, Criteria for Certain Areas Related to Tax-Free Benefit-in-Kinds

Jul 5, 2023

11 Benefit-in-Kinds with Certain Types and Limits of Benefit-in-Kinds are Tax-Free, Here are the Details!

Through Minister of Finance Regulation (PMK) Number 66 the Year 2023, the government stipulates the provision of laptops, cell phones, and the other 11 certain Benefits in Kinds are Tax-Free. 

Jul 5, 2023

Benefit in Kind Tax Regulation to be Released This Month

The process of harmonization of the Minister of Finance Regulation (PMK) regarding benefit-in-kind tax has been completed, so the regulation is ready to be released this June.

Jun 9, 2023

DGT Expects Taxpayers to Be Patient in Waiting for Minister of Finance Regulation on Benefit in Kind Deduction

This was conveyed by an Associate Tax Counselor at the Directorate General of Taxes (DGT), Dian Anggraeni, in a tax webinar entitled Bicara Pajak (BIJAK), organized by MUC Consulting on Thursday (26/1).

Jan 27, 2023

Tax Provision of Benefit in Kind, End of Year Gift or New Year Expenses?

Instead of being an end year gift, The issuance of Government Regulation (PP) Number 55 of 2022 as an income tax new guideline actually raises the risk of administrative burdens for taxpayers at the beginning of the new year 2023. 

Jan 9, 2023

New Regulation Issued, Check Out the List of Benefits in Kind Exempted from Income Tax

The government emphasizes the types of compensation in benefit in kind that are subject to or exempted from the imposition of income tax.

Dec 27, 2022

Armed with The HPP Law, The Government Starts To Tax Benefit in Kind in 2022

With the Harmonized Tax Law (HPP law), starting in 2022, the government will tax Benefit In Kind (BIK) that companies usually provide to employees—including those received by directors and commissioners.

Nov 5, 2021