Small Benefit Exemption Scheme (Ireland) – Effective from 2022
Under the Government’s Small Benefit Tax Exemption policy, businesses can reward their staff up to €1,000 once per year completely TAX FREE. The exemption is only allowable for NON CASH benefits. Directors and employees can claim the Small Benefit Tax Exemption. Sole Traders CANNOT claim the Small Benefit Tax Exemption, but if the sole trader […]