Under Irish Revenue’s Small Benefits Exemption Scheme, employers
can reward employees with a non-cash bonus of up to €500 in value completely
tax free each year (the limit was increased from €250 in the Budget passed in Oct 2015). Provided certain guidelines are followed, neither the
company nor the employee will pay PAYE, PRSI or USI, potentially saving €653.65
in tax (see table below).
To qualify for the tax exemption, only one tax-free bonus may be
paid to each employee in any one year. If more than one bonus is given in a
year, it is only the first one that will qualify for tax-free status, even if
this bonus is less than the €500 annual allowance - any used allowance cannot
be carried over. The tax-free bonus must also be paid in non-cash form.
AllGifts Vouchers are fully compliant with the Small Benefits
Exemption Scheme. If you wish to spread out the benefit over the year, Allgo’s points
incentive programme can be used to provide ongoing points, which at year end
can be redeemed for a one-off bonus to comply with the tax-free scheme.
AllGifts Vouchers are
Ireland’s best multi-retailer vouchers that are branded for your company, personalised with your messaging, and come with an unrivalled choice of redemption options.
Why AllGifts Vouchers
- Any value from €10 - €500 tax-free
- Branded with your company logo
- Personalised with
your gift message
- Choice of 3 formats - Branded Voucher Sleeve, Branded pdf eVoucher, and Gift Box
- Recipients choose from 10,000 products, services and gift cards on AllGifts.ie
- Rewards include shops, hotels, restaurants, spas, leisure, travel, activities & more
- Many rewards exclusive to
AllGifts – not available with other voucher systems
AllGifts Redemption Choice
AllGifts Vouchers are used on AllGifts.ie to order products,
services, retail gift cards, or to make bookings with over 1000 of
the best shops, hotels, restaurants, spas, leisure, travel & activity
companies in Ireland. Some examples-
If you have any further queries about AllGifts Vouchers or the Small Benefit Scheme, don't hesitate to contact us on firstname.lastname@example.org or tel 0818 222 222.