Under Irish Revenue’s Small Benefits Exemption Scheme, employers can now reward employees with a non-cash bonus of up to €1,000 in value completely tax free each year (the limit was increased from €500 in the Budget passed in Oct 2022). Provided certain guidelines are followed, neither the company nor the employee will pay PAYE, PRSI or USI, potentially saving €1,314 in tax (see table below). The tax-free bonus must also be paid in non-cash form. Rathborne Gift Cards are fully compliant with the Small Benefits Exemption Scheme.
UP TO 50 Hour burn time