Sport 🏀 ⛷ costs and taxation
An employer has a right to compensate an employee or a member of the board sports expenses (such as e.g. dance classes, yoga, swimming pool, public sport events etc) in the amount of 100 euros per quarter per person or 400.- per year without paying additional taxes.
Instead of sports, employer can compensate private insurance.
In addition to sports and insurance, there is a possibility to pay for the services of a physiotherapist, speech therapist, psychologist (appropriate certificate needed in theirs case). A complete list of tax-free services is specified in the income tax law (TuMS § 48 lg 5.5).
Important:
✅ All employees should be entitled to benefits, not selectively
✅ accounting must be kept for each employee separately
If there are many employees in the company, then convenient accounting is provided, for example, by the Stebby system (former Sport ID).