25 Aug Motivation. Inspiration and Engagement
Employees can use our Gift Cards for the following services:
- Pregnancy Yoga
They come in a plastic card with a presentation envelope and make a great gift. We can issue Gift Cards in any denomination and should you decide to offer an employee the full €500 allowed under the small gift exemption, we can break the full amount into separate cards in monthly or quarterly amounts.
To get started or learn more, simply contact our Corporate team and we will set up an account for you.
About the small gift exemption
The small-gift exemption, allows for non-cash rewards to be made without the employee being liable for income tax, pay related social insurance (PRSI), universal social charge and benefit-in-kind tax.
However, the benefit cannot go over €500 in value, and must not be in the form of cash.
Taxation Benefits: under the existing Benefit-in-Kind arrangements, an employer can provide an employee with a single non-cash benefit without applying PAYE, PRSI, etc. to that benefit. No more than one such benefit given to an employee in a tax year qualifies for such treatment. The maximum value for this benefit has being increased from €250 to €500. Our Gift Cards qualify for this benefit and can also fulfil a key role in any internal employee wellness program.