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 | |
|---|---|
| Net Reward Through Payroll | € 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 |
| Reward with a Me2You Gift Card | |
|---|---|
| Reward Value | € 500.00 |
| Income Tax @ 40% | € – |
| USC @ 8% | € – |
| PRSI @ 4% | € – |
| Income Taxes | € – |
| Taxes paid by employer | |
| Net Reward | € 500.00 |
| Employer PRSI @ 10.75% | € – |
| Total Reward cost to employer | € 500.00 |
- Savings based on employer giving an employee €500 net on the higher tax bracket
Giving 100 Employees a €500 Gift card can save a business €65,300 p.a.
Contact our business support team today!
Our experienced, dedicated team are ready to help with any aspect of your order. Tel: 01 554 2000 Email: [email protected]