Say goodbye to uncertainty around the tax aspects of employee gifts. In this blog post, learn how to effectively use tax limits for various occasions and give your employees real joy in the process. Includes a handy calculator for individual tax limits!
Employee satisfaction is a key to success, and gifts can play a powerful role in that. In fact, studies show that 76% of employees who quit their jobs do so because of a lack of appreciation. But how do you navigate the tax and ethical rules when it comes to employee gifts? In this blog post, we'll get to the bottom of it.
First, it is important to understand that the legislator distinguishes between personal and non-personal occasions.
For personal occasions, the tax-free limit is €60 per employee including shipping costs, while for non-personal occasions it is €50 per employee per month.
Not everything that glitters is gold - especially not for the tax office. In principle, only tangible assets may be given as gifts. These can be classics like pens and wine bottles, but why not get more creative? More unusual gifts such as personalized gift boxes can strengthen employee loyalty even further.
Not sure how much you can give away without risking tax disadvantages? No problem! Use our practical calculator, which we will soon include here as a typeform, to determine your personal tax limit.
Especially at Christmas, you as an employer can even give away up to €160 per employee tax-free if you combine the monthly allowance of €50 with the annual company event allowance of €110. This is good news for everyone who wants to use the feast of love to offer their teams something special.
Employee gifts are much more than just a token of appreciation. They are an investment in your team's satisfaction and productivity, and they can even be tax-deductible in the process. So it's a win-win situation for both employer and employee.
Give your employees and customers the appreciation they deserve!
