Holiday vouchers for holidays
You can use your employer’s holiday allowance immediately!
Do you work for a company that has 50 or more employees qualify for holiday vouchers if you have been employed there for more than 2 years? Then you are entitled to a holiday allowance of up to €275 per year! Read how to claim your holiday allowance now.
Does an employee have to wait for holiday vouchers?
You don’t have to wait for anything, you don’t have to ask for permission, you don’t have to do any more research – you can go and stay now, and your employer is legally obliged to reimburse you for 55% of the costs. If you meet the statutory conditions for the holiday allowance, then you don’t need to wait for any further permission or any holiday voucher from your employer and you can take your holiday allowance today!
Who is entitled to the holiday voucher allowance
- Employees (private, public, state)
- are employed by an organisation employing 50 or more employees
- have an employment contract (contract workers are not eligible)
- their employment with the company lasts at least 2 years
- CSR
- the procedure is the same as for an employer: The self-employed person buys and uses at least a 2-night stay in Slovakia (or several stays or children’s accommodation camps)
- at the end of the stay, he asks the hotel for a receipt which he can use to reduce the tax base
- the maximum amount of the costs is 500 € for more than a 2-night stay in Slovakia (or several stays or children’s camps)
- however, this only applies to sole traders who claim actual expenses, not flat-rate
- In addition to the employee, a person living in the same household as the employee may also use the holiday vouchers and the services of the residence together with the employee
Additional information
- If you have already selected a date, you need to check its availability before purchase.
- Reservations and availability by phone +421 903 714 695 or by e-mail info@penzionbado.sk
- Cancellations must be made at least 14 days in advance.
- Stay with children (to be paid locally)
- child up to 3,9 years free of charge without bed
- child from 4 to 9.9 years / night including breakfast
- child from 10 years / night including breakfast
- Compulsory surcharges (to be paid locally)
- sojourn tax for 1 eur / person / night
- Other supplements (to be paid locally)
- pet up to 9kg
Method of obtaining the allowance
All you have to do is bring a receipt (invoice) for the stay and related services to your employer for reimbursement after the stay. The employer will provide you with the allowance on the next pay date set by the employer for payment of wages.
An invoice that is submitted to the employer
- it must be issued exclusively by an accommodation establishment located in the Slovak Republic
- must contain the name of the employee
- must include the price for the stay
- must include the date of stay
- must be for a minimum of 2 nights or more, or for a package for a minimum of 2 nights
Amount of the recreation allowance
The maximum amount of the employer’s holiday allowance is €275 per year. The employer is obliged to contribute 55 % of the employee’s recreation expenses, up to a maximum of €275 per calendar year. Only full-time employees will receive this amount. In the case of a part-time employee, the maximum amount of the recreation allowance will be reduced in proportion to the shorter working hours.
Example 1: holiday price = 500 €
Employer’s contribution = €500 x 55% = €275
employee cost = €225
Example 2: holiday price = 400 €
employer’s contribution = €400 x 55% = €220
employee cost = €180
You can use the holiday allowance for
- accommodation for at least two overnight stays in the Slovak Republic, which may include catering services
- for a holiday package containing accommodation for at least two nights and catering services or other services related to recreation in the Slovak Republic
- for tourism services connected with accommodation for at least two overnight stays in the Slovak Republic
- for extracurricular activities during holidays (children’s camp) in the territory of the Slovak Republic for a child of an employee attending primary school or one of the first four years of an eight-year grammar school
Tax liability and other costs
From the employee’s point of view, recreational allowances provided by the employee’s employer will be exempt from income tax and national insurance contributions. This means that the amount provided by the employer to the employee as a holiday allowance will not be taxable to the employee and will not be included in the employee’s assessment base for health and social security contributions.
Individuals with income from business and other self-employed activities under Section 6(1) and (2) of the Income Tax Act will be able to claim recreation expenses as tax expenses.
