In some countries, expenses may be subject to benefit in kind.
In other words, certain company benefits may be subject to tax that must be deducted from employee payroll. Yokoy now calculates and displays taxable amounts for exported expenses by participant. You can set up specific tax rules that determine the threshold and period over which benefits are subject to tax.
Taxable amounts are calculated when expenses are exported, generating a report of all taxable amounts by employee and expense so you can determine the corresponding deductions required in payroll.