De minimise benefits are benefits of relatively small values provided by the employers to the employee. This is on top of the basic compensation and is considered NON-TAXABLE compensation income.
On the side of the employer, the amount of de minimis provided is a deductible salaries expense.
Here is the updated list as of 2015 of the De minimis accounts:
Please take note of the limitation of the amount, in excess of that the limit would be taxable and subject to withholding tax on compensation, if the recipient employee is a rank-and-file, or fringe benefits tax (FBT) of 32% if supervisory or managerial employee.