Tax-free allowances for travel expenses and fringe benefits in 2012

Tax administration has confirmed the rates for the year 2012. The mileage allowance in 2012 is 0.45 Euros per km. Domestic full amount allowance in 2012 is 36.00 Euros and partial amount is 16.00 Euros. For more information on allowances, please contact our personnel.

The value of an employer-provided phone is also €20.00 per month in 2012. The Employer-provided vehicles values have changed.

In 2012 the employer-provided meals are valued at 5.60 Euros per meal if the employer's direct costs including VAT for providing this benefit are at least 5.60 Euros but not more than 9,30 Euros. If direct costs including VAT are less than 5.60 Euros or more than 9.30 Euros, the valuation of this benefit will be based on actual costs including VAT.

For more information on fringe benefits, please contact our personnel.