Socializing Benefit in Kind Regulation, MUC Consulting Collaborates with Suryacipta

JAKARTA. In collaboration with PT Suryacipta Swadaya, MUC Consulting held a socialization of tax regulation regarding the provision of Benefit in Kind (BIK) or fringe benefits as stipulated in the Minister of Finance Regulation (PMK) Number 66 Year 2023.

The event, which discussed the theme of Tax and Accounting Aspects of BIK and fringe benefits in accordance with PMK 66 Year 2023, took place in a hybrid manner which means it was conducted face-to-face at The Manor Suryacipta Karawang Building and online through the Zoom platform, on Wednesday (7/26).

The speakers in this seminar and webinar included Tax Advisory Manager of MUC Consulting Cindy Miranti, Tax Compliance Supervisor of MUC Consulting Evy Suryany, and Mr. Tarkosunaryo who is a Partner of Public Accounting Firm (KAP) Razikun Tarkosunaryo (RTS).

According to Suryacipta Swadaya's Business Process Outsourcing, Ridha Gita Pangestu, this event is his company's support in supporting the government's activities to realize the Ease of Doing Business.

This is because the seminar and webinar are expected to provide useful information and knowledge for business actors in the Suryacipta industrial area. "Because in fact, there are more problems related to the rules of Benefit in Kind and fringe benefit," said Gita.

Meanwhile, in his remarks, the Managing Partner of MUC Consulting revealed that PMK Number 66 of 2023 is a derivative of Law Number 7 of 2021 on Harmonization of Tax Regulations (HPP) and Government Regulation (PP) Number 55 of 2022.

One of the problems lies in the different validity periods of each of these rules.

In Government Regulation Number 55 Year 2022 which was issued at the end of 2022, the provider of BIK or fringe benefit is obliged to withhold Income Tax starting January 2023. Meanwhile, the recipient of BIK or fringe benefit must have reported it in the Annual Tax Return (SPT) for the 2022 tax year.

However, in PMK 66 of 2023, it is amended, previously BIK or fringe benefit received in 2022 must be reported, and now it is not an income tax object. Likewise for the provider, previously it had to deduct since January 1, now it is obligatory to deduct starting 1 July 2023.

"This will complicate things a bit and can lead to disputes," said Sugianto.

According to Sugianto, with the existence of this new regulation, taxpayers are forced to prepare special working papers so that they can be implemented and an inventory can be made an inventory on the provision of BIK or fringe benefit. (ASP/KEN)