The Hellenic Confederation of Professionals, Craftsmen and Merchants (GSEVEE) is calling for the tax-free threshold for meal allowances provided to employees to increase from €6 to €10.
“In December, we sent a letter to the Ministry of National Economy and Finance requesting an increase in the daily limit to €8. Today, under the pressure of the inflationary crisis, we believe it should rise to €10,” said Giorgos Kavvathas, president of GSEVEE, during the presentation of a survey carried out by GSEVEE’s Small Enterprises Institute (IME GSEVEE) in cooperation with Edenred.
The current threshold was introduced in 2004, amounts to €132 per month, and corresponds to 12.3% of Greece’s minimum wage, while the EU average stands at 20%.
In its survey, GSEVEE says that 47.8% of businesses accepting meal benefits report that the average amount spent by customers has increased, and that 93.5% of employees who receive the benefit continue choosing these businesses even after the allowance has been exhausted.
At the same time, the fiscal cost would be only €20 million, while a significant part of that amount would return as tax revenue through increased consumption.
Today, four in ten businesses provide additional benefits to employees, and meal allowances are the most widespread, at 70.3%. A total of 27.7% provide them to all employees and 31.7% to some employees, while 10.4% are considering introducing meal benefits.
Source: Καθημερινή
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