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30 June 2020 / news

The new gift voucher wrapped up in a tax-free package

On 6 June 2020, the Inner Cabinet announced a series of new support measures. One of these measures was the 300 EUR consumption voucher to increase the purchasing power of employees and to support sectors severely affected by COVID-19.

gift on desk next to pile of paper

The voucher can be bought by the employer and granted to the employee, free of taxes. The voucher is entirely tax deductible for the employer. The legislative proposal of 25 June 2020 containing various urgent tax provisions as a result of the COVID-19 pandemic, which was distributed in the Chamber of Representatives yesterday, outlines the fiscal framework of the consumption voucher.

This article is available in Dutch.


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