Why workplace wellness can be tax-smart.
Beyond healthier, happier teams, a workplace wellness programme can be a tax-efficient benefit for Irish employers. The key is the Benefit-in-Kind angle — and the logic is simpler than the acronym suggests.
How a wellbeing habit becomes a business benefit.
Same wellbeing, different setting. Where and how it’s delivered is what changes the picture for an employer — follow it down.
- 01
A personal expense
Wellbeing on personal time, paid out of the employee’s own pocket — nothing for the business to work with.
- 02
Brought onto your premises
Espy delivers the sessions in-house, on your own campus, as part of the working environment.
- 03
Provided by the employer
The company covers it as a membership benefit for the whole team, rather than each person paying alone.
- 04
Seen through the BIK angle
How an employer-provided, on-site benefit is treated for tax is where the advantage for Irish employers can sit.
And it ends here, deliberately: always confirm the specifics with your accountant or with Revenue. The right treatment depends on your company.
We don’t publish tax figures — because the right number depends on your company. And we’re not tax advisers.
What we are is the people who deliver the wellbeing your team actually turns up for — on your premises, paid by the business. Bring your accountant; we’ll bring the programme, and the conversation that fits your situation.
Questions, answered.
- How can a workplace wellness programme be tax-smart?
- For Irish employers, workplace wellness can be a tax-efficient benefit through the Benefit-in-Kind (BIK) angle. Because Espy delivers sessions on your own premises, as part of the working environment, there can be advantages in how the benefit is treated. Tax treatment always depends on your company’s circumstances — confirm with your accountant or Revenue.
- What is Benefit-in-Kind (BIK)?
- Benefit-in-Kind refers to how non-cash benefits an employer provides to staff are treated for tax in Ireland. A workplace wellness programme can be relevant here. Whether and how it applies to your company depends on your circumstances, so the final position should be confirmed with your accountant or Revenue.
- Does Espy provide tax advice?
- No. Espy Health Hub is not a tax adviser. We can explain the general BIK angle and how our on-site, company-paid model fits it, but any tax decision should be confirmed with your accountant or with Revenue.
- Who pays for the programme?
- The company. It’s offered to your team as a membership benefit, covered by the business — which is part of what makes the BIK angle relevant for employers.
- Can you tell us exactly how much we’ll save?
- We don’t publish figures, because tax treatment is specific to each business. We’ll walk through the specifics with you, and the final position should always be confirmed with your accountant or Revenue.
Tell us about your team — we’ll talk it through with you, and your accountant.
Espy Health Hub is not a tax adviser. Tax treatment depends on your company’s individual circumstances. Always confirm with your accountant or with Revenue before making decisions.