According to the amendment to the Income Tax Act Act No. 301/2019 Coll. (Section 5, paragraph 7 is supplemented by letter r) approved in 2019 (but effective only from 1 January 2022), an employer may provide a non-cash contribution to an employee of up to EUR 500 which is not subject to taxation and levies.
How Does the Cafeteria Save Money?
Everything is based on the law
Saving company costs without cutting costs on employees is a smart philosophy of every well-functioning company.
How can you save?
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Launch a cafeteria with us
The tax and levy exemption for non-cash income is an excellent opportunity for employees to save 35.2% on tax and levies.
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Mitigate the impact of pay cuts
The employee can save up to 30% which represents the tax-tax burden of the benefit.
Benefits exempt from taxes and levies up to €500
What benefits can this bring to the employer? Creative benefit planning saves 35.2% of the value of the benefit in levies. The optimal tool for the solution is cafeteria which automatically takes care of any benefit limit and allows the employee to use it according to their own preferences. The employee saves 30% which represents the tax-tax burden of the benefit and chooses the leisure benefits of his/her choice.
Products that save you and your employees money
Selected add-on modules
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Rewards
With each bonus, the employee gains up to 30% and the company saves 5-8%. Immediately and without any paperwork.
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Congratulations on the anniversary
A good company values the loyalty of its people. Our self-sustaining system guards work anniversaries for you, too. Not only does it send the employee a congratulatory note but it also alerts the employee's manager in advance of the anniversary. Alternatively, it automatically credits points for years of service.
