B Branz Registered User Messages 896 13 Oct 2020 #1 Say an e bike costs 3,500. the first 1500 is allowable as a business expense. How is the residual 2,000 dealt with in the CT computation if the employee pays BIK on the 2,000 and makes no contribution to the company? Thanks
Say an e bike costs 3,500. the first 1500 is allowable as a business expense. How is the residual 2,000 dealt with in the CT computation if the employee pays BIK on the 2,000 and makes no contribution to the company? Thanks
G Gordon Gekko Registered User Messages 7,921 13 Oct 2020 #2 €2,215 allowable cost surely? i.e. €2,000 additional cost of the bike plus 10.75% Employer PRSI
B Branz Registered User Messages 896 14 Oct 2020 #3 Thanks, is it 11.05% PRSI from February 2020, or is is different for BIK?