Dundalk Chamber are encouraging employers to reward their employees up to €500 tax free under the Revenue’s Small Benefit Exemption.
Under the Small Benefits Exemption Scheme, a Company Director and Employees can receive a non-cash bonus of up to €500 in value on a completely tax free basis each year.
Dundalk Chamber said that as the payment must be in a non-cash form, the most common way to avail of this scheme is by purchasing gift vouchers.
Shop Local Gift Vouchers can assist you save money by taking advantage of the Government Small Benefit Exemption Scheme, according to Dundalk Chamber.
Employers can save
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