All top job usually comes with some perks. For example if you
are the CEO of a MNC you have the use of
a company car whilst in the office and when performing your
business duties as CEO. However you do not have a
personal driver who also fetches your son to school. So a company
car with a driver to drive you to a meeting on company business is
also a perk (non taxable perhaps) But if your appointment comes
with a paid driver and a car at your absolute disposal and for you
family’s use as well, now that perk surely is taxable right? So
which perk is better? If a Minister gets to travel business class,
but somehow always the airline manages to upgrades him to first
class on State business. (so surely this is not taxable as a perk)
and the Ministry concerned picks up the airfare bill. Is that a
perk? Surely some perks are taxable and other not.
Funny when we talk about sg, the topic goes towards ceo salaries
in mncs.