What is the gift tax in Ireland?

In Ireland, gifts are generally taxed under Capital Acquisitions Tax (CAT). However, for employees, there is an exemption under the Small Benefit Exemption Scheme, which allows employers to give non-cash benefits such as gift cards worth up to €1,500 per year completely tax-free. If the value of the benefit goes above €1,500, the full amount becomes taxable through PAYE, PRSI, and USC.