Where an employer provides an employee with a small benefit (that is, a benefit with a value not exceeding ?250) PAYE, PRSI and Levies need not be applied to that benefit. Only one such benefit given to an employee in a tax year will qualify for such treatment. Where a benefit exceeds ?250 in value the full value of the benefit is to be subjected to PAYE, PRSI and Levies. This concession does not apply to cash payments regardless of the amount.
