Personal income tax (“IRS “) and social security exemption for meal allowances
To mitigate the impact of inflation and the resulting loss of purchasing power, Ordinance 107-A/2023 of April 18 raises the nominal amount of the meal allowance for public sector employees.
Under article 3.2.b) of the IRS Code, the tax-exempt amount of meal allowance (for both public and private employment relationship) is now set at:
- €6.00, when paid in cash; and
- €9.60, when paid in meal vouchers (legal limit plus 60%).
These exemption limits will apply retroactively from January 1, 2023.