Value of Benefit

Where an employee enjoys a benefit, advantage or facility of whatsoever nature in connection with employment or services rendered; the value of such benefit should be included in employee’s earnings and charged to tax. The minimum taxable aggregate value of a benefit, advantage or facility is Kshs. 3,000 per month or Kshs. 36,000 per annum.

This should be taken as the higher of the cost to employer or fair market value of the benefit apart from motor vehicle and housing benefits.