Benefits of Flexible Remuneration in the 2022 Income Tax Declaration
On April 6th, the 2022 Income Tax campaign kicks off, providing a perfect opportunity to explore the numerous advantages that Flexible Remuneration can bring to employees’ savings. The surge in the number of companies and employees embracing Flexible Remuneration plans in recent years, particularly in the last few months, is not without reason. Companies have […]
Flexible Remuneration: How to calculate tax savings
Flexible Remuneration is one of the most useful mechanisms for reducing the tax burden on both workers and companies. In this way, employees can enjoy a higher net salary each month without a salary increase from the company. But how can you calculate the savings from Flexible Remuneration on your paycheck? It all depends on […]
Flexible Remuneration: Does it Contribute to Social Security?
For an employee, especially someone joining a new company, understanding their actual take-home pay is crucial. When additional forms of compensation, such as Flexible Remuneration, are added to the salary, doubts arise. One of the most common questions is whether Flexible Remuneration contributes to Social Security. Understanding in detail all the factors to consider when […]
Income tax (IRPF) on the payroll: How much do I save with Flexible Remuneration?
Income tax (IRPF) on payroll, earnings, deductions, flexible remuneration… For most employees in Spain, these concepts can be perplexing. Indeed, these notions often pose challenges without prior training in the field. In fact, when a company takes on the task of explaining what Flexible Remuneration is and how it contributes to the economy of workers, […]
How to Explain Flexible Remuneration to Your Employees
Flexible remuneration is a form of remuneration that allows employees to allocate part of their salary towards the purchase of specific products or services at a price lower than the market rate. By deducting directly from the gross salary or payroll, expenses such as meals at restaurants, public transportation, or childcare are exempt from the […]