Big enough to deliver, small enough to care.
: Latest News
Benefits in Kind: A Practical Guide for Small Business Owners
Benefits in Kind (BIKs) are non-cash perks you provide to employees in addition to their salary. Common examples include company cars, private medical insurance, mobile phones, low-interest loans, or reimbursed personal expenses. For small businesses, offering benefits can be a cost-effective way to reward your team, improve staff retention, and remain competitive when attracting new talent. However, these benefits also come with important tax and reporting responsibilities.
Big enough to deliver, small enough to care.
: Latest News
Benefits in Kind: A Practical Guide for Small Business Owners
Benefits in Kind (BIKs) are non-cash perks you provide to employees in addition to their salary. Common examples include company cars, private medical insurance, mobile phones, low-interest loans, or reimbursed personal expenses. For small businesses, offering benefits can be a cost-effective way to reward your team, improve staff retention, and remain competitive when attracting new talent. However, these benefits also come with important tax and reporting responsibilities.
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