Employers can give their employees non-cash gift of up to €500 tax free from 22. October 2015. The benefit is usually in form of a voucher or gift card and there is no income tax, pay related social insurance (PRSI), universal social charge or benefit-in-kind tax for employee.

However, the benefit cannot go over €500 in value for a year, must not be in the form of cash, and the gift cannot be exchanged for cash, in part or in full.