increase of the amount of the exempted occasional gifts for employees
Under certain conditions, gifts in kind, in cash or in the form of payment vouchers, called gift vouchers, are excluded from the concept of remuneration and are therefore not subject to social security contributions.
If certain conditions – including the amount – are not respected, we are then dealing with remuneration subject to social security contributions.
These are the adaptions of the current amounts of gifts not subject to social security contributions:
- Gifts for Saint Nicholas, Christmas or New Year: increase from € 35 to € 40
- Gifts for an honorable award: increase from € 105 to € 120
- Gifts for retirement: increase from € 35 to € 45 per year of service and increase of the minimum and maximum amount of € 105 and € 875 to € 120 and € 1,000
- Gifts on the occasion of a marriage or of making a statement of legal cohabitation: increase from € 200 to € 245.
Source: Claeys & Engels