Treat your employees to tax-privileged summer benefits.

As an employer, you can boost your employees' vacation funds by paying them tax-privileged vacation allowances.

• The tax authorities recognize the following amounts per year:

- 156.00 Euro for the employees

- 104.00 euros for their spouses and life partners

- 52.00 euros for each of your children

For a family with two children, you can pay out 364.00 euros.

You can pay a flat-rate wage tax of 25 % on the allowances so that your employees do not even have to pay tax on them. There are no social security contributions.

• But watch out!

The tax office will only cooperate if you clearly state the vacation benefits in your payroll documents as a "recreational allowance" and pay them out for the specific purpose of the vacation!

You have to treat yourself - for your company too.

Not only do you get a relaxed, cheerful and demonstrably better working team. In the long term, you will also bind your employees more closely to your company.

👉 Do you have questions and are you looking for a reliable tax expert? We will be happy to assist you and help you with your tax questions and concerns: www.wsb-berater.com/kontakt

#Recreational allowance #Summer #TTax tip #Employee retention #WSB