New incentives for corporate welfare: fuel vouchers for employees

Q8 Ticketfuel fuel vouchers for corporate welfare

Fuel vouchers for employees are a form of corporate welfare. As a result of a decree on energy prices and a fuel bonus, private companies benefit from tax exemption for the purchase of €2000 in fuel vouchers.

This amount will be added to the value of tax-free fringe benefits, which increased from €600 to €3,000 this year. Digital fuel vouchers for employees and customers can be purchased in customizable denominations (from a minimum of €5 to a maximum of €520).

Companies are able to offer Q8 fuel card products to their employees, which are specifically designed to be included in corporate welfare plans. Fuel vouchers are also a great way for companies to reward employees with practical, safe, and flexible solutions.

 

2024: the fringe benefit threshold is 2000€

As in previous years, for 2024 as well, fringe benefits will constitute taxable income from employment. The amount is up to €2,000 for workers with dependent children (according to the Consolidated Income Tax Act), and up to €1,000 for most employed workers. This limit is higher than the €258 stipulated by "ordinary" tax regulations for employees without children. This increase is compared to the amount previously agreed in the aid decree.

Why opt for Q8 fuel vouchers for welfare?

Q8 Ticketfuel is Q8’s welfare tool: a flexible and secure payment solution that can be used in all Q8 and Q8easy stores, for a total of approximately 3,000 service stations throughout Italy. This is an opportunity for employers and employees to benefit from the advantages of being part of the large Q8 network. Choosing Q8 Ticketfuel to purchase fuel vouchers for your employees means offering them a modern and secure payment tool to refuel at Q8 and Q8easy service stations. Q8 Ticketfuel is digital and can be easily requested through the RecardQ8 Web portal. You can also customize your Q8 Ticketfuel with logos, images, and text.

All Q8 products for corporate welfare .

RecardQ8 is an ideal tool for companies that want a complete and integrated solution for fuel payments. It is available in 3 different versions:

 

1. Business, a rechargeable and customizable fuel card for business refueling that requires electronic invoicing. Thanks to this product, it is possible to generate fuel payment codes via the app. In addition, it is possible to transfer credit to your drivers so that they can generate their own payment codes independently, associating them with the license plate of a vehicle.
2. Coupon, a physical and rechargeable card used for welfare plans, that you can transfer to third parties for incentives and promotions. This fuel card designed for corporate welfare has the advantage of being rechargeable; you can recharge it through credits card, Paypal, ordinary bank transfer, and Fabrick. Fabrick is a type of bank transfer where the customer don’t need indicate the reason for the payment. In addition, through the Fabrick platform, it is possible to make both ordinary and instant bank transfers.
3. Q8 Ticketfuel, digital fuel vouchers you can use up to the expiry date, for a maximum of 30 times.