Flat Rate expenses for employees ?

Flat Rate expenses for employees

These are expenses that are incurred in the performance of the duties of the employment and are directly related to the ‘nature of the employee’s employment’.

A standard flat rate expenses allowance (deduction) is set for various classes of employee. For example, carpenters in employment are granted flat rate expenses of €220 per annum. See Flat Rate Expenses list

If you are within a class of employees, you are allowed to deducted this from gross pay before you are taxed on same.

Any queries on same give me a call on 091 763817 or email me at oliver@taxreturnhelp.ie

 

The amount of the deduction is agreed between Revenue and representatives of groups or classes of employees (usually the employees are represented by trade union officials). The agreed deduction is then applied to all employees of the class or group in question.