Slovakia to require Recreation Benefit

Starting from 1 January 2019, employers with at least 50 employees will be required to pay up to 55 percent of eligible recreation costs. The employer shall reimburse a maximum of EUR 275 per year (tax-free) when employees spend up […]


Hungary reduces tax advantages for many benefits in kind

Hungary will reduce or eliminate the tax advantages for many fringe benefits beginning 1 January 2019. This is a significant development as employee benefits in Hungary have historically been structured as cafeteria-style programs because of the tax favorability of such […]

Turkey change meal card plans

Under new regulations that came into force 22 May 2018, meal cards entities can no longer charge more than 6 percent commission to retail businesses or make any discounts to the employers they deal with. Payments by meal card entities […]

Belgium enacts bonus tax exemption

As of 1 January 2018, bonuses paid to employees as warrants or options, that do not exceed 20 percent of total gross earnings, are exempt from employer and employee social security contributions.