Flexible Benefits 2021
- April 22, 2021
- Reading time: 3 min
We are writing to remind you that, as of June 1, 2021, you must provide your employees with a package of welfare benefits and services valued at 200.00 euros.
Attached are examples of “welfare” measures, such as benefits that can be provided to employees.
In this regard, please note that if contractual welfare benefits take the form of goods and services, the exemption threshold of 258.23 euros must be taken into account (pursuant to Article 51, paragraph 3, of the TUIR).
In the event that the value of benefits (including company cars) paid to the employee during the year exceeds the above limit, the entire amount will be subject to social security contributions and taxes.
1. Intended Audience
This includes all employees who have completed their probationary period and who are on the payroll as of June 1, 2021, or who were hired on or after that date and by December 31, 2021, under the following types of contracts:
permanent contract (including apprenticeships);
a fixed-term contract under which they have accrued at least 3 months of service, even if not consecutive, between January 1 and December 31, 2021;
temporary agency workers. In this specific case, the client company may not provide welfare benefits directly to temporary agency workers but must only notify the employment agency of the chosen benefit and the month in which it has decided to provide it. The cost of purchasing the benefit and subsequently providing it to the temporary agency worker must be borne by the agency.
Workers on unpaid or uncompensated leave are excluded from the
June 1–December 31. In addition, any individuals who do not
They are employees (e.g., contract workers, interns, self-employed individuals with VAT numbers, etc.).
No adjustment of the 200-euro amount may be made for workers with
part-time contract.
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