Page 23 - Chapter 32 VAT Part 2
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12.4.1. Deemed Supply: Fringe Benefits [s 18(3)] - KL 3
- Fringe Benefit? No deemed supply
- Pre-requirement: employer-employee if it relates to :
- Exempt supplies
- Why a deemed supply? - Zero rated supplies
- Supply of entertainment
CLASS EXERCISE: Fringe Benefit a deemed supply or not?
Travel Employer grants Employee receives
allowance? interest free loan s 8B or 8C shares?
to employee?
Employer Employer pays Employer pays the
provides Medical fund employee‟s RAF
accommodation? contributions? contributions ?
