19 April, 2023 | News, Tax, Tax Alert

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TAX ALERT 5 | Meal subsidy update

was published to Ordinance No. 107-A/2023, of April 18, which fixes the update of the amount of the meal subsidy to Public Administration workers to 6 euros.

This new update assumes particular fiscal relevance not only in the Public Administration, but also in the private sector, since this will be the legal limit used as a reference for taxation (or exclusion), in terms of IRS and in terms of contributions to Social Security .

In effect, there will now be exclusion from taxation of the meal subsidy up to a limit of 6 euros, when paid in cash, or 9,6 euros, when paid through meal vouchers.

This update takes effect January 1, 2023.
[This document is for information purposes only and does not dispense with the analysis of the legislation and assessment of its applicability to each specific situation. Therefore, we are not responsible for any decision made based on this information.]