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Happy holidays! Gift vouchers season is back (Payroll Belgium)

3…2…1… Happy holidays! Gift vouchers season is back !

Unlock Tax-Free Christmas Cheer with Gift Vouchers for Employees!

Tis’ the season to spread joy and show appreciation to your hardworking team. As an employer, consider the gift of tax-free Christmas cheer – enter gift vouchers! In this guide, discover everything you need to know about using gift vouchers as the perfect holiday gesture for your employees.

Gifts, Tax-Free and Beyond!

Belgian employers have the opportunity to provide tax-free gifts for Christmas and other special occasions. These gifts can come in the form of goods, cash, or the ever-popular gift vouchers.

When opting for gift vouchers (like those on the same electronic card as meal and eco vouchers), specific conditions apply:

  • 🎁 Cannot be exchanged for cash
  • 📆 Valid for a limited time (maximum 1 year)
  • 🏢 Issued by recognized editors like Sodexo, Edenred, or Monizze

 

And the best part? When properly declared in payroll and staying within specified amounts, these gifts are not considered part of the salary by Belgian authorities.

Your Guide to Gift Voucher Occasions and Limits

Take a look at the acceptable occasions and amounts for gift vouchers:

Event Amount
St Nicholas, Christmas, New Year €40 + €40 per child at charge (per calendar year)
Pension €40 per year of service (min. €120, max. €1,000)
Wedding or legal cohabitation €245
Seniority premium
 
Max. twice in the employee’s career

(1st time after 25 years – max. 1x monthly gross salary; 2nd time after 35 years – max. 2x monthly gross salary)

Honorable distinction €120
Remember, if these limits are exceeded, the entire gift becomes subject to social security contributions and taxes!

Optimize Your Employee’s Salary Package

Looking for more ways to enhance your employee’s salary package? Discover tricks and tips here. If you need expert assistance, Pro-Pay offers in-house salary package expertise. Reach out to them using the contact sheet.

 

 

 

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