Section CX 20 — Income Tax Act 2007: Benefits to enable performance of duties

CX 20 Benefits to enable performance of duties The taxable value of a benefit that an employer provides to an employee by way of subsidised transport, or in the form of expenditure that an employer incurs on accommodation or transport provided to an employee, is zero if the expenditure— (a) relates to travel by the employee in order for them to perform their employment duties; and (b) does not relate to the providing or taking of leave or a vacation; and (c) is not increased as a result of the benefit. Defined in this Act: employee , employer , subsidised transport Compare: 2004 No 35 s CX 18