Nick Cunha asked 11 years ago
Hello there. I was thinking I would ask some of the BVI accounting fellows, if there can be a part of salary, that could be untaxed. I am aware, that health insurance is not taxed. Where I come from, the employer can give coupons (for restaurants and groceries), gas coupons, pay rent in whole or in part, and this would not be taxed. Is there anything similar in the BVI?
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In general the first $10,000 per year is untaxed.
However, would definitely need to ask one of the accounts about tax applied to benefits.
well, is there any accountant reading this?