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Bill offering tax deduction for gym membership exits Estonian FinMin

  • 2016-07-23
  • BNS/TBT Staff/Tallinn
The Estonian Finance Ministry has composed a bill that exempts the cost of gym membership and other physical exercise related expenditures incurred by the employer in the amount of up to 400 euros annually from the fringe benefit tax from 2018. "Employers will get broader opportunities to make a contribution to improving people's health, as when the law has taken effect money spent for the advancement of health and physical exercise will no longer be counted as a fringe benefit," Finance Minister Sven Sester announced in a press release. &...
 
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