Did you know that you can reward your employees with tax-free benefits?
Thanks to the Government’s Small Benefit Exemption Scheme, companies in Ireland can now provide employees with non-cash benefits up to a certain value tax-free ! The SWIRL Mastercard Corporate Gift Card is the perfect solution for maximizing this exemption, offering a versatile and appealing reward for your team.
Thanks to the Government’s Small Benefit Exemption Scheme, companies in Ireland can now reward employees with non-cash benefits valued up to €1,500 per year, completely tax-free. These benefits are exempt from Benefit-In-Kind (BIK) charges for both the employer and the employee.
The SWIRL Mastercard Corporate Gift Card is an ideal way to make the most of this scheme—offering a versatile, convenient, and highly appreciated reward for your team.
Some important points to note when using the scheme include:
Thanks to the Government’s Small Benefit Exemption Scheme, companies in Ireland can now reward employees with non-cash benefits valued up to €1,500 per year, completely tax-free. These benefits are exempt from Benefit-In-Kind (BIK) charges for both the employer and the employee.
The SWIRL Mastercard Corporate Gift Card is an ideal way to make the most of this scheme—offering a versatile, convenient, and highly appreciated reward for your team.
Some important points to note when using the scheme include:
Enter the number of employees you’d like to send SWIRL Gift cards to.
Enter the amount you want to load onto each SWIRL Gift card.
| Through Payroll | Through SWIRL Gift Card | |
|---|---|---|
| Reward (Net) | €0.00 | €0.00 |
| PAYE @ 40% | €0.00 | €0.00 |
| USC @ 8% | €0.00 | €0.00 |
| PRSI (EE) @ 4% | €0.00 | €0.00 |
| Subtotal | €0.00 | €0.00 |
| Employer PRSI @ 11.05% | €0.00 | €0.00 |
| Total Cost | €0.00 | €0.00 |
| Total Savings | €0.00 |
Note: The tax-free benefit values shown are based on Ireland’s Small Benefit Exemption scheme (2025). Tax laws and exemption limits may differ in other countries. For accurate guidance, please consult your local tax advisor or relevant tax authority.
Unlock how Irish companies are using tax-free rewards to drive real business results.
This report shares real insights on using Swirl Gift Cards to improve engagement, retention, and compliance.
What’s inside:
As an employer in Ireland, you have the opportunity to save on tax and PRSI costs by utilising the Small Benefits Exemption Scheme. By taking advantage of this scheme, you can not only give your employees a meaningful gift but also reduce your tax and PRSI costs.
As you can see from our savings table, rewarding with SWIRL Gift instead of with cash through Payroll can save up to €1980.68 per employee !
Copyright © 2011-2025 Smart Transfer Ltd.
Copyright © 2011-2025 Smart Transfer Ltd.
