14 January, 2020

COVID-19 measures related to Benefit-In-Kind (BIK)

On account of the current public health restrictions at Level 5, Revenue confirmed today that the following benefit-in-kind (BIK) short-term concessionary measures will remain in place for the time being:

  • BIK on provision of COVID-19 testing,
  • BIK on facilitation of flu vaccination,
  • BIK on employer provided vehicles,
  • Use of company cars by employees in the motor industry,
  • Payment of taxi fares by an employer,
  • Small Benefit Exemption, and
  • BIK on employer provided accommodation.

We will continue to review and keep you updated.

If you require any guidance regarding benefit-in-kind or any other tax matters, do get in touch at 0818 303 087 or email info@avidpartners.ie

Further Reading: Guidance is available on Revenue’s website.

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