Get a Reward Do not Be Completely satisfied First, Verify the Taxes! Information – 53 minutes in the past

Jakarta, CNBC Indonesia – Items or parcels obtained by staff apart from for non secular holidays price greater than IDR 3 million are topic to in-kind tax as of July 1, 2023.

This rule is contained in Regulation of the Minister of Finance (PMK) Quantity 66 of 2023 regarding Revenue Tax Remedy of Compensation or Compensation in Relation to Work or Providers Acquired or Obtained in Variety and/or Enjoyment.

“Items from employers embody meals components, beverage components, meals and/or drinks for non secular holidays together with Idul Fitri, Christmas, Nyepi, Vesak, or Chinese language New 12 months,” wrote PMK.

Not solely holidays, presents given exterior of holidays with a price of IDR 3 million are topic to tax. To know this rule, this is the way to calculate in-kind tax for presents which might be collected in-kind tax:

Throughout 2024, PT BC gave presents to Mr. BZ as his worker with particulars of the presents.

a. on February 20, 2024, presents are given within the type of meals and beverage components for the Chinese language New 12 months price IDR 500,000.00 (5 hundred thousand rupiah);

b. on March 19, 2024, given a present within the type of a set of family home equipment for the corporate’s birthday within the quantity of IDR 1,000,000.00 (a million rupiah);

c. on June 18, 2024, given a present within the type of a tv within the context of efficiency appreciation price IDR 4,000,000.00 (4 million rupiah); And

d. on August 19, 2024, was given a present within the type of a microwave oven as a part of a efficiency appreciation price IDR 2,000,000.00 (two million rupiah).

Reward Giving Month	Reward Worth	Collected Reward Worth	Reward Worth Limitation is excluded from PPh Objects	The Worth of the Reward as a PPh Object
February (Chinese language New 12 months)	IDR 500,000	IDR 500,000	IDR 500,000	–
March	IDR 1,000,000	IDR 1,000,000	IDR 3,000,000	–
June	IDR 4,000,000	IDR 5,000,000	IDR 2,000,000
August	IDR 2,000,000	IDR 7,000,000	IDR 2,000,000

Based mostly on the calculation of the desk above, the therapy of imposing Revenue Tax on compensation or compensation in form within the type of presents obtained by Mr. BZ is as follows:

a. for the month of February 2024, presents given within the type of meals and/or beverage components within the framework of the Chinese language New 12 months are solely exempt from Revenue Tax objects as a result of there is no such thing as a worth restrict for in-kind given within the type of presents within the type of meals, drinks, meals components, and/ or drink components given within the context of Chinese language New 12 months.

b. for March 2024, the presents given usually are not within the context of non secular holidays so there’s a restrict on the worth given, specifically the presents as a complete have a price of no more than IDR 3,000,000 (three million rupiah) for every Worker inside 1 (one) Fiscal 12 months for could be excluded from earnings tax objects.

As a result of the parcel has a price of IDR 1,000,000 (a million rupiah), in March, your complete worth of the parcel is excluded from the Revenue Tax object.

c. for June 2024, the presents given usually are not within the context of non secular holidays in order that the worth of the presents that grow to be the item of Revenue Tax is IDR 2,000,000 (two million rupiahs) which is the surplus distinction between the gathered worth of the presents obtained by Mr. BZ till June after deducting the the restrict on the worth of presents which might be excluded from Revenue Tax objects with the next calculation: IDR 5,000,000 – IDR 3,000,000 = IDR 2,000,000.

d. for August 2024, the presents obtained by Mr. BZ price IDR 2,000,000 (two million rupiahs) are topic to Revenue Tax as a result of the gathered worth of presents obtained by Mr. BZ as much as June 2024 has exceeded the restrict on the worth of presents excluded from Revenue Tax objects.

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