Tax Free Gift Cards for Employees – Small Benefits tax exemption – One4All Vouchers
Weekly Gross Wage – One4All Voucher Breakdown Gross Weekly Wage: €1,042 Tax 40%, USC 8%, EE Prsi 4%: €542 Net Wage to Employee: €500 ER Prsi 11%: €115 Total Tax Due: €657 Total Cost (Gross plus Er Prsi): €1,157 Voucher Cost: €500 Net Saving (€1,157-€500): €657
