Also known as lunch coupons, lunch vouchers are an individual allocation of food that companies hiring personnel under individual labor agreements can offer to their employees for each day of work during a calendar month, according to Law 142/1998 on the granting of lunch vouchers.
Any company, regardless of its size, number of employees or business field, can grant lunch vouchers to its own employees. As compared to granting the same amount of money in cash, companies or authorized natural persons save 40% if they grant their own employees one Ticket Restaurant® lunch voucher for each day of work.
The value of a lunch voucher is indexed on a biannual basis according to the food price index communicated by the National Statistics Commission.
Important tax facilities
- Exemption from the payment of social taxes owed by employees and employers
- Deductibility from the payment of the tax on profit
Starting from July 2010, lunch vouchers are taxed by the quota of 16% corresponding to the tax on salary income, payable by employees. The other fiscal advantages associated with lunch vouchers stipulated by Law 142/1998 remain valid, according to Emergency Government Ordinance No. 58, Art. IV, items a) and b).
Logistic facilities - vouchers are easy to order and distribute
Element that stimulates and motivates employees to improve their performances
Higher attractiveness when hiring personnel
Reduction in the absenteeism at work
With Ticket Restaurant® lunch vouchers, companies enjoy important tax facilities, and employees have the freedom to choose their favorite menu.