Starting December 2016 the value of meal tickets can be 15 lei - Your strategic HR partner - Smartree

Starting December 2016 the value of meal tickets can be 15 lei

Starting December 2016, the value of meal tickets can increase by 60%, according to Law no. 218/2016 for the amendment of Art. 3 paragraphs. (1) of Law no. 142/1998 regarding grating food vouchers. Thus, if the maxim nominal value was until now 9,67 lei, starting December 2016, the maximum value can be 15 lei. The new law also provides that the decision to enlarge the value of meal vouchers is optional and it represents the employer’s choice. Basically meal tickets can have a value between 9.57 lei and 15 lei. Thus, the employers may grant employees an individual food allowance in the form of meal vouchers. By law, these vouchers are issued either on paper or electronically and they are intended exclusively for individual food allowance, the costs being paid entirely by the employer. The law also requires that employees can use monthly a number of tickets equal to the number of days that they are at work. Every employer should know that the meal tickets, along with gift vouchers, holiday vouchers and childcare vouchers, have the character of benefits offered to employees and obey the rules of their own taxation of wages. Download Smart Update: The value of a meal ticket can increase form 9,57lei to 15lei

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