Gift Innovations                            Lo Call: 1890 255 444                       www.giftinnovations.ie

Long Service Awards - Tax Efficient

(No PAYE or PRSI)
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 Greetings!
 
Employee Recognition is high on the agenda for many companies as they search for effective ways of recognising employees for their loyalty and commitment without increasing salaries!! 
 
Companies can save up to 50% by availing of the tax breaks on long service awards. Gift Innovations can also help by taking employee reward programmes off their hands and transforming them into truly memorable moments for their staff and tangible benefits for companies.     
  
To celebrate our lovely summer weather we have a competition to win Delsey luggage below!
 
Best Regards,
Ann Lyons
 
Long Service Awards - Tax Exemption (Revenue Guide)
 
A taxable benefit does not arise in respect of Long Service Awards where the following conditions are satisfied: 
  • The award is made as a testimonial to mark long service of not less than 20 years
  • The employee award takes the form of a tangible gift(s) of reasonable cost
  • The cost does not exceed 50Eur for each year of service
  • No similar award has been made to the recipient within the previous 5 years
This treatment does not apply to long service awards made in cash or in the form of vouchers, bonus bonds etc. Where any of the conditions above are not met PAYE and PRSI must be applied to the value of the award. 
 
 
RewardNetTM- (Online Recognition Solutions)
 
Gift Innovations provides companies with complete and seamless solutions for their staff recognition programmes. RewardNetTM makes this process completely transparent, efficient and easy to use. 
 
Our service includes the following:
 
 
  • RewardNet online recognition system
  • Large choice of branded gifts to match your budget and preferences
  • Customised webpage with you logo & message
  • Unique login details for each employee
  • Template letters
  • Regular reports on the status of reward schemes
  • Gifts are labelled for ease of distribution
  • Certificates of Appreciation are optional
 
 No set-up charge or minumum order requirement! 
 
Summer 
  Summer Competition
 
  Enter our competition to win this Delsey 65cm Trolley Duffle! 
  •  Easy pull zip
  • T shaped push button retracting handle system
  • Contrasting grey expanding section for extra capacity
  • Easy glide rolling system with contrasting solid wheels
  • Solid back section with soft top front
  • Supplied with padlocks and keypads 
 Me
 
Question: 
 
Where are the 2010 World Cup Finals taking place?
 
USA
South Africa
Brazil
 
Please reply to this email with your answer to be in for a chance to win! 
Gifts
 
Reward & Recognition 

Employee Reward & Recognition  

 
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Gift Innovations                         Lo Call: 1890 255 444                              www.giftinnovations.ie