Ticket Restaurant This is a highly valued social benefit by employees and companies. From a tax perspective, it works beneficially: the amounts a worker receives as food assistance are exempt from income tax up to €11 per working day, provided that legal requirements are met. This means the employee can receive this benefit without an increase in their tax burden, while the company benefits from simpler administration and clear tax deductions. Furthermore, these amounts must Social Security contributions and be correctly reflected on the payslip in order to comply with current legislation.
To ensure that Ticket Restaurant amounts benefit from the income tax exemption, it is necessary to:
Include the amounts in the payslip as part of the social benefits (food, transport, childcare, etc.).
Social Security contributions for these amounts, ensuring they are correctly recorded on the payroll.
Comply with the legal exemption limits, currently €11 per working day.
By following these steps, professionals can obtain uncomplicated tax benefits and the company can maintain transparency and compliance.
Implementing Ticket Restaurant brings direct benefits to the company from a fiscal and accounting point of view:
Full deductibility for corporate tax purposesThe amounts earmarked for Ticket Restaurant are deductible at 100%, thereby reducing the tax base and optimising the company's tax burden.
Simplified accountingBy managing expenditure by means of a Monthly single invoice, accounting imputation and monitoring of social benefits are facilitated, avoiding errors and redundancies.
Tax and legal compliance ensuredThe inclusion of Ticket Restaurant in the payroll and correct National Insurance contributions allows demonstrate to the Tax Administration that the expenses comply with current regulations, avoiding inspection risks.
Cost optimisation of labour with no additional tax impactThe company can offer an employee benefit that is highly valued, such as meal vouchers., without any increase of non-deductible taxes or contributions.
If you're self-employed, Ticket Restaurant also offers significant benefits:
Simple expense management, with unified billing that makes it easy to control food expenses during professional activities.
Tax benefit, provided that the expenses are justified with supporting documentation, correctly accounted for, and recognised in the accounting period in which they are incurred.
Ticket Restaurant not only facilitates daily meals, but also offers concrete fiscal and financial benefits:
Direct tax savingsThe amounts received are exempt from income tax up to €11 per working day, which translates into tangible savings on your tax return without reducing your net salary.
Flexible BenefitsCan be integrated into Flexible Benefit Plans, allowing the total remuneration to be optimised and the worker's purchasing power to be increased without increasing the tax burden.
Simplified management and time savingThe use of Ticket Restaurant streamlines the tracking of food expenses, avoiding complicated administrative procedures and receipts.
Digital control and convenienceTicket Restaurant Card: If the Ticket Restaurant Card is used, the employee can Check balance, transactions, and search for affiliated restaurants from your mobile., combining tax savings with ease of use in your day-to-day life.
Annual salary: €30,000
Use of Ticket Restaurant: €11 per day × 20 days per month × 11 months
Total days with Ticket Restaurant: 20 days × 11 months = 220 days
Total spent on Ticket Restaurant: 220 days × €11 = €2,420
Daily exemption limit: €11
As Pablo uses exactly €11 daily, The entirety of the €2,420 is exempt from income tax..
Without a restaurant ticket, those €2,420 would be taxed as part of your salary for income tax.
With Ticket Restaurant, save IRPF on those €2,420, which represents an approximate saving depending on your tax rate.
I want to calculate the tax savings of Ticket Restaurant!
