How much is the tax-free allowance for employees in Ireland?
The tax-free allowance depends on the benefit type and qualifying conditions:
Small Benefit Scheme: Up to €1,500 annually across five non-cash benefits.
Cycle to Work Scheme:
- €3,000 for cargo/e-cargo bikes
- €1,500 for pedelecs/e-bikes
- €1,250 for standard bikes
Remote Work Allowance: €3.20 per day tax-free for home-based employees.
Long-Service Awards: €50 per year of service (e.g., €1,500 for 30 years).
Unlimited Benefits: Certain perks like IT equipment, canteen meals, and parking remain tax-free if they meet Revenue’s conditions.