C
Where an employer provides an employee with a home
high-speed internet connection (DSL, Broadband or
similar technology) for business purposes and the
employer bears the costs of its instillation and use, a
taxable benefit will not be treated as arising where
private use is merely incidental to the business use of
the connection.
a taxable benefit will not be treated as arising where private use is merely incidental to the business use of the connection.
The same policy applies to the computer, the connecting equipment and the other assets.The main issue was free use of assets for private use. This isn't just about the internet connection, but also the computer, connecting equipment and other ancillary assets.
Really! And how about your own use, Catty - or are you telling us that you are at home today as well as yesterday? Why don't you email the thread to Revenue & get an opinion from them on this topic? When I see their response, as opposed to your desperate attempts to score some petty points, I'll take this issue seriously.Your use clearly is not incidental.
Really! And how about your own use, Catty - or are you telling us that you are at home today as well as yesterday? Why don't you email the thread to Revenue & get an opinion from them on this topic? When I see their response, as opposed to your desperate attempts to score some petty points, I'll take this issue seriously.
Why don't you email the thread to Revenue & get an opinion from them on this topic?
When I see their response, as opposed to your desperate attempts to score some petty points, I'll take this issue seriously.
If you are implying the Revenue impose BIK for use of company computers for non-business Internet use, please provide some evidence that this actually is Revenue policy?
Keep on saying it often enough and you might eventually even believe it yourself. But we both know there is absolutely nothing in chapter 8 about Internet access.It's in the guide. Chapter 8, free use of assets.
You are being selective in your quotation of the 'small benefits' rule. Don't forget the 'No more than one such benefit given to an employee in a tax year will qualify for such treatment' - What makes you think the tea is his only benefit? AAnd why can't I deem my web access to be my small benefit?The value of this benefit is less than €100, so would be exempt. (2.3 - Small benefits)
This is about two issues, free use of assets and internet access. You yourself have posted an exerpt from chapter 10, regarding private use of company internet access.Keep on saying it often enough and you might eventually even believe it yourself. But we both know there is absolutely nothing in chapter 8 about Internet access.
Tea is a trivial benefit. If you really want to get picky, 10.3 - meal and meal vouchers would cover it.What makes you think the tea is his only benefit?
Because it's not a small benefit. You are moderating a finance forum from your place of work. How much time does that take? There are people making a living out of internet cafes, providing this service.And why can't I deem my web access to be my small benefit?
Are you suggesting that your internet access costs your employer nothing? I doubt this is the case. Maybe if people in your company only used the internet for business use, your employer would only need a 1Mb link. Here's a suggestion as to how to calculate your BIK:The amount assessable is the cost to the employer of Benefit-In-Kind: providing the benefit, less any amount contributed to the employer by the employee. "
Given that Internet bandwidth is paid for by my employer on a fixed capacity basis (e.g. a 2 Mb link, regardless of the usage of AAM), there is no incremental cost to my employer of my usage - how would you suggest that this notional benefit is assessed?
An employer provides a computer, printer and ancillary equipment to an employee for private use at home.
The employer retains ownership of the equipment. The original cost of the equipment to the employer was €3,000. The equipment is first provided to an employee for home use on 1 January 2004 when it has
a market value of €2,500. The notional pay of the employee for the year 2004 (and subsequent years) arising from the private use of the equipment is €2,500 x 5% = €125 (€2.40 per week / €10.41 per month).
I'd be very, very surprised if he had anything to do with Revenue. No-one in Revenue would have even attempted this.R/Day. I guess Catbert is hoping to get a job as a Revenue Troll.
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