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Malaysia Bik Car and Petrol

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And one should also be aware of exemptions granted in certain. With its 43litre fuel tank capacity one would be able to travel in theory up to 238km before it need refueling. Tax On Electric Company Cars In Belgium Ecovis International More than 500001 2400 Annual Prescribed Benefit of Vehicle RM. . If free petrol is also provided with the motorcar the value of the petrol BIK must be determined using the same method as that used to value the car BIK. Check latest car price list specifications rating and review. Where a driver is provided the value of that benefit is fixed at RM600 per month. BIK is based on the car value of the prescribed motor and petrol based on the Public Rulings PR 32013. For a 40 taxpayer the calculation is 10961 x 40 4384 per annum. Company Car BIK Rates 2020- 2023. What is Benefits In Kind BIK 3 6. Ascertainment Of The Value Of BIK 3 7. We also have a full range of facts and figures...