Question 86: Are house rent allowances subject to PIT and considered as deductible expenses of Employers when calculating CIT?
The guiding documents of the Law on PIT prescribe the maximum tax rate imposed on the house rent that the Employer pays on behalf of Employees is 15% the total taxable income (exclusive of house rent)[1]. As such, if the house rent that the Employer pays on behalf of Employees is higher than 15% the…