The UK tax system is notoriously complex, and it's not just our ‘cash income’ such as salary and bonuses that we pay income tax – we also pay it on any benefits in kind (BIK) or ‘non-cash benefits’ that we receive in employment.
You should be aware that they can be deceptively unkind in tax terms, despite their name, watch this episode to discover more.
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The UK tax system is notoriously complex, and it's not just our ‘cash income’ such as salary and bonuses that we pay income tax – we also pay it on any benefits in kind (BIK) or ‘non-cash benefits’ that we receive in employment.
You should be aware that they can be deceptively unkind in tax terms, despite their name, watch this episode to discover more.
Episode 091: Fathers Day - Lifelong lessons to learn and share about finances
The Money Planner with Warren Shute
16 minutes 7 seconds
4 years ago
Episode 091: Fathers Day - Lifelong lessons to learn and share about finances
Family Finances for Father's Day. It’s no surprise that raising kids comes at a cost, but it’s also an opportunity to learn – for children and parents, check out my latest Money Planner Podcast below.
The Money Planner with Warren Shute
The UK tax system is notoriously complex, and it's not just our ‘cash income’ such as salary and bonuses that we pay income tax – we also pay it on any benefits in kind (BIK) or ‘non-cash benefits’ that we receive in employment.
You should be aware that they can be deceptively unkind in tax terms, despite their name, watch this episode to discover more.