Benefits in Kind
What is a benefit in kind?
Benefits in kind are anything you (or a member of your household) receive, which is not money, from your employer. They are also sometimes known as employee or employment benefits.
Benefits in kind are normally provided either free or below the normal cost (e.g. free accommodation or discounted shares).
Some benefits in kind are exempt from tax.
Any allowances, cash payments or reimbursement of out of pocket expenses are not benefits in kind, but part of your salary.
For more information see Exemptions from benefits in kind.