Reward your Staff with QUIDs Vouchers

13th November 2015

QUIDs are tax free gift vouchers that can be spent like money, exclusively in Tullamore.

Under the Small Benefit Exemption Scheme, employers can give QUIDs to employees, up to a maximum of €250 per employee, as one-off benefit in a tax year without incurring liability for Income Tax, USC or PRSI (Employers or employee).

Over 60 businesses have signed up to the QUIDs gift voucher scheme in Tullamore, and it is open for more to join.

There are no fees or commissions when QUIDs are purchased.
There are no fees to voucher holders when they do not use their voucher (some cards have a balance deduction after periods of inactivity.
There are no fees or commissions to retailers when QUIDs are spent or redeemed. This is one of the reasons QUIDS are widely accepted in Tullamore.
Expiry dates are printed on QUIDS to encourage usage but are not strictly enforced.
 

To date, QUIDs to the value of over €300,000 have been purchased by local employers to reward their staff, helping us to promote and protect local employment.

Learn more about QUIDS on Tullamore Chamber Activities