Most employees are attracted by the job-related perks and many employers nowadays provide fringe benefits for their staff. Unfortunately, the majority of these perks are taxable, depending in some cases on an employee's position within an organisation and their level of remuneration. The emphasis in the taxation system means that it is usually to an employee's advantage to be given fringe benefits which would otherwise have to be paid for from taxed net income. The wide variety of fringe benefits includes subsidised meals, staff parties and access to sports facilities.
Question: It is always more cost effective to take fringe benefits than to pay for them out of net income.
Options:
A. true, B. false, C. uncertain
Answer: C