Win a Tax Free €100 Prepaid Mastercard

Hands up if you like tax free money? Ok, silly question!

Despite it being a great benefit, there is a tax relief available to company directors and employees which many people haven’t heard of. This is the Small Benefit Exemption Scheme. It is a relief which allows companies to give an annual tax free payment of up to €500 to directors and employees.

The only catch is that it can’t be given in the form of cash or a bank transfer. But that’s not the worst catch we’ve heard of! Giving a gift voucher is the most popular way to avail of this tax free benefit.

christmas_fenerohoho_small___To highlight this great tax relief scheme, we are running a Christmas competition to win a tax free gift voucher.

For your chance to win a €100 Perfect Card*, simply post a Christmas themed picture to Twitter, Instagram or Facebook using the hashtag #FeneroHoHo We will be looking at all entries and our favourite image, the winner, will be announced on Christmas Eve.

*A Perfect Card is a pre-paid Mastercard which can be used anywhere which accepts Mastercard. Check out http://www.perfectcard.ie/

You can read more about the Small Benefit Exemption in our recent blog article:
http://fenero.ie/e500-tax-free-bonus-anyone/

If you have a limited company and you haven’t availed of the Small Benefit Exemption for 2016 yet, make sure you do so before 31st December!

About Fenero

We never try to hide behind “technical speak” and we enjoy nothing more than empowering our clients to better understand their tax affairs. We are real people delivering a real service. We are bringing simple, everyday tax knowledge to all individuals.

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