Greece: Meal Allowances

Original title : Meal Allowances - Greece

Τhe new legislation bill, which has been submitted at the Greek Parliament, clarifies extensively the current role of meal allowances.

Specifically, the meal allowances are considered a benefit in kind, necessary for the function of the business. They are not subjected to taxation and insurance contributions unless their value does not exceed the amount of seven (7) euros per working day. The meal allowances are exchanged only for meals, fast food and beverages in a big network of contracted stores.

In addition, the meal allowances are not included in the employees’ regular wages as they are not considered an income. They are not subjected to social security or other deductions and they do not constitute productive and operational expenses for businesses.

The meal allowances are nominals, are granted on a monthly basis from the employer to the employee for their food needs.