Benefits applies to positive aspects of employment that are not salary. Health plans are the most common form of this, while other "perks" might be use of a company car or retirement plans that the employee can pay into and the company will match.
Benefits are often excluded from the employee's gross income and are therefore untaxed.
Update 6/09/2008
Keep more of your money when transferring funds overseas!
If you want to move money abroad, from Mexico or to Mexico for example, Fexco provides efficient and secure global bank to bank transfers and bespoke payment solutions for both business and personal clients.
Why Fexco
Fexco provides a secure international money transfer service online or by telephone with bank beating fx rates and low fees. Specialises in high-value transfers.
Main characteristics
Fexco will help you to keep your overseas money transfer costs to a minimum.
| Margin | 0.6% |
|---|---|
| Regulator | FCA |
| Fee | £10 < £5K or Free > £5k |
| Mini | £1K |
| Ccy | All (130 currencies, incl ‘exotics’) |
| Services | Repatriation of funds, Property, Regular payments, High Value payments, spot, online, telephone. |
Get an online quote today
When you are ready to make your transfer, John and his team will be available to help you with better rates and an unrivalled service to make sure your funds are delivered securely and speedily.