Benefits for employees
News - News Articles
Tuesday, 02 August 2011 00:00

iStock_000015062602XSmall

 Compensation and Benefit packages

 

Each benefit is taxed differently in Spain, and in many instances, it is more cost effective to take benefits instead of cash, as a higher-rate taxpayer is liable for 43% tax on their income.

 

Give us a call: we can help you organize any of these fantastic benefits for your employees.

 

-NEW!!!! Commuter and transport vouchers

  

-Medical & Dental benefits 

  • Coverage to employees and their families
  • Employer contribution covering the cost of the insurance up to € 500 per year and per insured person there is not tax applicable.

 

-Life & Accident Insurance

  • Via Group life insurance
  • Direct relation with business collective agreement or wages

-Business Traveler Accident Insurance

 

-Flexible working

 

-Retirement Benefits –Pension funds

  • Occupational pension plans
  • Employer’s contribution in Group Pension Fund is considered as a benefit in kind, with fiscal advantages.
  • Contributions by employees aged 50 or younger, must not exceed € 10.000 a year.

 

-Meal vouchers

  • Vouchers of € 9.00 per day are exempt from taxation.

-Stock options

 

-Car facilities

  • Leasing/Renting/Company car

-Property facility

  • Rental
  • Purchase

-Ongoing professional training

  • Non taxable

 

For more information, call us on 0034 952 78 31 39

Last Updated on Tuesday, 09 August 2011 08:27