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When employees travel, as an employer you are allowed to give untaxed reimbursement for a large part of the expenses they incur on the road. This means that you can quickly gain a net benefit of 50% on these reimbursements because you do not have to pay payroll tax. These amounts have even been increased as of 2016. Make the most of untaxed allowances.
Erroneous declaration behaviour in untaxed reimbursements
Untaxed allowances, count your winnings.
Below are the maximum amounts that employers are allowed to give untaxed reimbursement during an employee's business trip. For a business trip with an overnight stay, this quickly means a saving of thick 77 euros per employee (this is 50% of the total (max. 154.25 euros) of the amounts that can be reimbursed untaxed).
So make the most of this opportunity! But how?
Breakfast: €8.80;
lunch: €14.62;
evening meal: €22.12;
small expenses during the day: €4.66;
minor expenses in the evening: €13.91, and
lodging: €90.14.
Full control over untaxed allowances
Yet it is difficult to check that your employee is not spending more than the maximum amount you are allowed to give untaxed reimbursement. By using Simpled Card, you have full control over this.
Because with this new business payment solution, you can issue debit cards to your employees yourself and manage the spending limit per card online. You determine in advance the exact maximum tax-free amount. This amount forms the basis for the spending limit on the Simpled Card debit card.
This way, your employee cannot spend more than the amount on the debit card. You put unused space back just as easily so you can use it in another way.
Curious about SimpledCard? Contact our team about untaxed allowances and see what the possibilities are for your organisation.
