€200 fuel bonus This is how it works and how you receive a fuel voucher for 2022
#fuel #bonus #works #receive #fuel #voucher Welcome to Alaska Green Light Blog, here is the new story we have for you today:
Reduction of petrol and diesel by about 25 cents per liter for 30 days, controlled bills for 5.2 million households with an ISEE of less than 12 thousand euros (previously 4 million) and the possibility for companies to calculate rates for consumption in May and June to pay maximum 24 months. Mario Draghi launches the “price cutter” and puts in another 4.4 billion in exchange for exorbitant energy and skyrocketing pump costs.
In 2022, the value of petrol vouchers from private companies will be transferred to employees free of charge, within a limit of 200 euros per employee who does not contribute to income generation. That means it will be tax free. There are no minimum income requirements or restrictions to access this feature. The only restriction the law has so far provided is that the measure is reserved for employees of private companies. It was already planned that pototissier companies would make a contribution of up to 258.23 euros per year for so-called “extra benefits”: i.e. shopping vouchers, fuel vouchers or shopping vouchers. In 2020 and 2021, during the pandemic, the amount was doubled to €516.46 as an economic support measure.
“The fees derived from this article – as indicated in the decree – amounting to EUR 9.9 million for 2022 and EUR 0.9 million for 2023 are provided for under Article 38.”
Employee incentive bonus 2022, how it works
The tax authority determines that no application is necessary. If the bonus is provided by the company, the bonus is automatically awarded to the employee.
Additionally, there are no requirements related to income limits to access it. The €200 bonus can be spent in two different ways:
* How are minor benefits, the so-called “compensation in kind”, hoping to receive 200 euros in fuel vouchers from the 258.23 euros intended for other benefits. * With one or more fuel coupons;
Thus, the fuel bonus 2022 is an index related to the tax period 2022 . The deadline for the participating company to distribute the prizes is January 12, 2023.
Is a fuel voucher required?
no The company decides whether and to what extent it is made available to employees. So no application is expected.
In contrast to the increase in fuel prices
Reduce fuel, petrol and diesel prices by 25 cents by reducing the tax burden until the end of April. The cost of this measure is funded by a 10% tax on the energy companies’ extra profits.
Fuel vouchers up to 200 euros for employees in the private sector. The rules are in a circular from the agency
The guidance is available to employers in the private sector who intend to make petrol vouchers available to their employees in order to limit the economic impact due to the increase in fuel prices (Legislative Decree 21/2022). Bonuses that can only be paid out in 2022 and amount to a maximum of 200 euros per employee are not taxed for employees and are fully deducted from their earned income. there Circular No. 27 / zSigned by the Director of the Revenue Agency, it specifies employers and affected employees of benefits, payment methods and rules to be followed when recognized as a performance bonus.
Target group of beneficiaries
By law, private employers are entitled to benefits. In this regard, the practice document shows that non-business persons who are self-employed also fall within the scope, provided they have their own employees. Public administrations, on the other hand, are excluded from subsidies. The category of workers receiving fuel vouchers is required to have income from work. Since the scheme aims to compensate employees of private-sector employers for higher costs caused by the fuel price increase, the employer can pay out the vouchers immediately without the need for prior contractual agreements.
Rules for redeeming bonuses
Gasoline vouchers are payments made by private employers to their employees to fill up vehicles (e.g. gasoline, diesel, LPG and methane). At this point, the circular specifies that the provision of vouchers (or similar addresses) for charging electric vehicles should also be made easier. The mineral oil bonus of 200 euros does not contribute to the income generation of the employees and represents an additional relief compared to that already in Art. 51 of the Twerk; It must therefore be calculated separately from other services. It follows that in order to claim the tax exemption in the 2022 tax period, goods and services provided by the employer to each employee may have a value of €200 for one or more fuel vouchers and a value of €258.23 for all other goods and services (including any vouchers for additional fuel). Fuel receipts can also be issued for salary purposes. In this case, the payment must be made in the current year and in the “execution of corporate or regional contracts” in accordance with the rules established for performance bonuses, pursuant to Article 1, paragraphs 182 to 190 of the Law of December 28th, 2015, nr. 208
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