If a $3,000 bonus is too much: Surely your boss can afford these grants

It doesn’t have to be the entire €3,000 bonus. How about 600 euros? Employers are allowed to grant their employees tax-free salary supplements and social security benefits in kind. “Compensation in kind” because it must not be a simple salary increase, but a monetary benefit in kind, including goods and services.

The regulations for 2022 stipulate that for up to 50 euros per monththen 600 euros per year, falls below the exemption ceiling for benefits in kind. This means that neither social security contributions nor taxes are due on these benefits. So your boss can do something good for you without having to worry about taxes.

There are various possibilities as to what those goods or services the boss is offering you may be. It is important that updated regulations are adhered to.

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