The salary threshold limit of $ 25,000 per annum includes salary and all other allowances paid to the foreign national in cash. Prerequisites like rent free accommodation, etc. which are included in ‘salary’ for the purpose of calculating the income tax may also be taken into account for this purpose. However, prerequisites which are not included for working out the income tax should not be taken into account for working out the salary threshold limit of $ 25,000 per annum.
The company / organisation concerned should clearly indicate in the employment contract:
i) the salary and allowances being paid in cash.
ii) all other prerequisites like rent free accommodation, which would be taken into account for the purpose of working out the income tax payable by the employee. Such prerequisites should also be quantified and indicated in the employment contract.
For more details, please refer the following link.