Meal voucher allowance approved

Meal voucher allowance can be provided to employees in addition to the existing corporate catering or paper meal vouchers. The employer pays the meal voucher allowance directly with the salary. The meal voucher allowance for one shift is exempt from income tax for an employee in the amount of up to 70 per cent of the upper limit of the subsistence expenditures which is paid to employees as business trip compensation (a business trip means travel lasting from 5 to 12 hours within a shift). It is a taxable expense for the employer.