Business Services  |  Tax Savings
Me2You Gift Card

Tax Efficient

Save up to €653 per employee every year

Under the small benefit exemption scheme (BIK) employers can reward their staff with one-off, non-cash benefit per employee, per annum, up to the value of €500.  This does not apply to cash which is taxable in full.

Save up to €653 per employee

Benefit from the full range of savings under the governments’ small benefits exemption scheme when you gift an employee up to €500 per annum completely Tax Free!

Net Reward Through Payroll
Reward Value € 500.00
Income Tax @ 40% € 416.67
USC @ 8% € 83.33
PRSI @ 4% € 41.67
Income Taxes € 541.67
Taxes paid by employer
Net Reward € 500.00
Employer PRSI € 111.98
Total Reward Cost to employer € 1,153.65
With a Me2You Gift Card
Reward Value € –
Income Tax @ 40% € –
USC @ 8% € –
PRSI @ 4% € –
Income Taxes € –
Taxes paid by employer € –
Net Reward € 500.00
Employer PRSI € –
Total Reward Cost to employer € 500.00

Net Reward Through Payroll

Reward Value € 500.00
Income Tax @ 40% € 416.67
USC @ 8% € 83.33
PRSI @ 4% € 41.67
Income Taxes € 541.67
Taxes paid by employer
Net Reward € 500.00
Employer PRSI € 111.98
Total Reward Cost to employer € 1,153.65

With a Me2You Gift Card

Reward Value € –
Income Tax @ 40% € –
USC @ 8% € –
PRSI @ 4% € –
Income Taxes € –
Taxes paid by employer € –
Net Reward € 500.00
Employer PRSI € –
Total Reward Cost to employer € 500.00
*Savings based on employer giving an employee €500 net on the higher tax bracket