Tax free gift for my employee ?

Can I give my employee a tax free gift ?

From 1 January 2022, you can give employees up to two small benefits, tax free, each year.

These benefits must not be in cash and the combined value of the two benefits cannot exceed €1,000.

If more than two benefits are given in a year, only the first two may qualify for tax free status. Unused allowance amounts cannot be carried over.

Tax-free vouchers or benefits can be used only to purchase goods or services. They cannot be redeemed for cash.

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