Understanding £50 Vouchers as Trivial Benefits
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TikTokemilyrosevass
Save tax with MEAL VOUCHERS 💸 🔶If you don't opt for new tax regime, and you get meal vouchers from your employer these are tax exempt upto ₹50 per meal 🔶 Accordingly you can get 2meals X ₹50 X 25 (if working days) X 12 months = ₹30,00 of income exempt from tax 🔶Which means if your are in 30% tax slab you can save upto ₹30,000 X 30% = ₹9000 in taxes Stay tuned to @ca.bhagyashreethakkar to learn more such content on investing, personal finance & taxes ❤️ #incometax #mealvoucher #taxexemption #
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