Slovakia to require Recreation Benefit

Starting from 1 January 2019, employers with at least 50 employees will be required to pay up to 55 percent of eligible recreation costs. The employer shall reimburse a maximum of EUR 275 per year (tax-free) when employees spend up to EUR 500 on recreation. The new benefit applies only to employees with at least 24 months of service. Eligible expenses should be in relation to tourism services in Slovakia and can also cover family members. The contribution can be provided in the form of a special recreation voucher or paid directly to the employee by the employer.