Through the Tax Free Benefits module, you can enjoy a gross / nett tax advantage when purchasing benefits in the Alleo marketplace. Your employer facilitates this tax advantage by giving you access to a yearly Tax Free budget in the Alleo which you can spend in the marketplace. Typically the source of this budget is your gross salary or gross holiday allowance.

When opening the app and In the Alleo app your will see a Tax Free budget. This budget represents the total amount which you can spend on a yearly basis within the app with a tax benefit. You can spend this budget on both one-off benefits (a voucher for a webshop) as well as monthly benefits (a gym subscription).

The available amount divided by 12 indicates how much you can spend on Monthly benefits. Here are a few example calculations:

To see exactly which yearly Tax Free budget you have access to, tap on the Tax Free budget card in the app:

When you purchase benefits in the Alleo app, you can use a gross budget source (e.g. gross salary) and spend it as if it is nett. This means that you do not pay income tax on the amount spend on benefits, which can lead to an advantage of up to 49.5% over the exchanged amount. The actual saving differs from person to person, as it depends on your salary and tax bracket.

In the Alleo app you will find a calculator which helps you to determine the approximate savings when purchasing a benefit tax free. To use the calculator, take the following steps: