Small Benefit Exemption Increase in 2025

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The Small Benefit Exemption allows employers to give employees non-cash benefits or vouchers tax-free each year. Starting 1 January 2025, several changes will enhance this exemption:

• Increased Limit: The maximum tax-free amount will rise from €1,000 to €1,500 annually.
• More Benefits Allowed: Employers can now provide up to five non-cash benefits per year, up from two (but the combined total must not exceed €1,500).
• Non-Cash Only: These benefits must be in the form of goods, services, or vouchers that cannot be exchanged for cash.
• No Carryover: Any unused portion of the allowance cannot be rolled over to the following year.

Reporting Obligations

Employers must report the date and value of each benefit to Revenue. For detailed guidance, see Revenue's Enhanced Reporting Requirements.

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To ensure you are using all tax reliefs let OSK Tax Advisers know of any changes to your personal circumstances so we can adjust your tax credits and tax reliefs accordingly. Please contact OSK Advisers for details of our full range of tax and accounting services.

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