Gift your employees/board members free from income tax
Published in
Dec 31, 2021
What can you give?
Anything with receipt as long as it is not cash or gift card that can be converted to cash.
Note that this is free from income tax but not from VAT.
Up to how much?
From 2021, the sum of the receipts must not exceed the following limits.
anniversary gifts: less than or equal to 4000 per year
other gifts: 5000 per year
Which accounts to use?
For board members, use account 7420.
For employees, use account 5901.
