The festive season is fast approaching which means it’s time to get organised booking that long-awaited Christmas party and planning that much-deserved bonus for your staff.
There are many ways to say ‘thank you’ to your employees this December, but the One4all Gift Cards available at your local post office, is perhaps the most efficient, fuss-free and sensible option, with attractive benefits for both businesses and staff.
THE ULTIMATE BONUS
For your employees, a One4all Gift Card is the ultimate bonus, enabling them to choose the gift they truly want the most. Accepted in over 12,000 stores and participating online retailers, your employees will be spoilt for choice on where and how to shop, while also supporting Irish retailers.
On the business end, One4all Gift Cards hold a number of attractive benefits. Not only are they easy to order direct from your local post office, but the One4all Gift Card is the only tax-free gift card with absolutely no administration, service or delivery charges for businesses.
TAX SAVINGS
Following changes to the government's Small Benefits Exemption in Budget 2023, it makes more sense than ever for employers to gift their staff a One4all Gift Card, with savings for both parties. For one, the tax-free limit has been raised from €500 in previous years to €1,000, which means THAT gift cards up to the value of €1,000 are free of income tax, PRSI and USC.
Crunching the numbers, this means your business can save up to 57% on a €1,000 gift card, an impressive saving of up to €1,313.54 compared to paying €1,000 via payroll to an employee in the higher tax band and paying full PRSI and taxes.
Feeling generous? You’ll be glad to know employers can now give up to two gift cards per employee per year, up to a total of €1,000 in value. That means if you’ve already given a gift card this calendar year, you can do so again at Christmas and avail of a tax benefit.
DIGITAL GIFT CARDS
Left things a little late? No problem! You can order up to €2,500 worth of Digital Gift Cards online and send the cards directly to your employee’s inbox.
To place an order or to find out more about the One4all Gift Cards, drop into your local post office or visit the An Post website at anpost.com/one4allxmas.
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The One4all Gift Card is issued by GVS Prepaid (Europe) Ltd. GVS Prepaid (Europe) Limited is regulated by the Central Bank of Ireland. Registration Number: C189313 GVSE22050