Give your staff up to €500 tax-free
7th November 2018
Are you considering staff rewards this Christmas? Think about ‘QUIDS’ - shopping vouchers that can be spent in over 100 outlets around Tullamore. This includes national and local shops, grocery, restaurants, bars and more. Not just a way to ‘keep-it-local’ but also a really useful gift. Under Revenues Small Benefit Exemption Scheme employers can give QUIDs to a maximum of €500 per employee as a one-off benefit tax-free once a year. That's a tax saving of €653 compared with a cash bonus alternative.
The QUIDs voucher scheme has been operated by Tullamore Credit Union and Tullamore & District Chamber of Commerce since 2008 and has enjoyed huge local support. Businesses can purchase QUIDs directly from Tullamore Chamber For further details please contact Tullamore Chamber of Commerce 057-9323698, firstname.lastname@example.org or www.tullamorequids.com.
For small personal gifts, QUIDS can be purchased from Leavys Centra - O'Carroll St, Dolans Pharmacy - William St or Dezynamite - Patrick St.