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Taxation

Volume 711: debated on Tuesday 16 June 2009

Question

Asked by

To ask Her Majesty's Government whether all taxpayers are taxed equally for benefits in kind; and whether this has always been the case. [HL4012]

Benefits-in-kind provided by employers to any employee earning at an annual rate of £8,500 or more are taxable and liable to employer national insurance contributions (NICs) unless covered by a specific exemption. This has been the position since 1979.