Is a gym reimbursement taxable?
Is a gym reimbursement taxable? Short Answer: The general rule is that any employer payment/reimbursement for gym, health club, spa, exercise equipment, or other similar expenses that are intended for general fitness and health is standard taxable income to employees. Are gym memberships taxable to employees? It Can Be Tax Efficient. Some employers hesitate to offer employees gym memberships as a benefit because, in many cases, a gym membership is considered a taxable benefit for the employee. As long as employees are able to use this benefit, it's considered non-taxable. Is fitness reimbursement taxable in India? According to the Finance...