Sport and culture vouchers

Maximum EUR 100

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Social security treatment

No NSSO contributions
Employee Taxation

Not taxable
Employer deductibility

Not deductible

Worker Taxations Description

Sport/culture vouchers are considered to be tax-exempt social benefits under the following cumulative conditions:

a) the granting of the sports/culture voucher must be provided for in a collective bargaining agreement concluded at sector or company level. If such an agreement cannot be concluded, the granting may be governed by an individual agreement (it being understood that in a company that employs employees, the same rules must apply to company directors (who may also receive sports/culture vouchers) as to employees);

b) the cheque is issued in the name of the employee;

c) the cheque must clearly state that its validity is limited to 15 months, from 1 July of one year to 30 September of the following year;

d) the total amount of sport/culture vouchers granted by the employer may not exceed EUR 100 per employee per year;

e) the vouchers may not be exchanged for cash, either in part or in full;

f) the vouchers may not be granted as a replacement for or conversion of salary, bonuses, benefits in kind or any other benefit or supplement.

Sport/culture vouchers that do not meet the above conditions are considered to be a taxable benefit.

Employer Deductibility Description

If sports/culture vouchers are considered as a tax-exempt social benefit, they are not deductible as professional expenses.

However, if the sports/culture vouchers are considered to be a taxable benefit, they are deductible as professional expenses (provided that it is included in the annual tax statements (failure to do so will result in the application of the special tax on secret commissions of 100%, which is not deductible as a professional expense for corporation tax purposes)).