Social vouchers to support education: Characteristics and advantages

2 de March, 2022

Do you know Nelson Mandela’s quote “education is the most powerful weapon for changing the world”? Edenred strongly believes in the value of education and therefore offers two solutions that aim to help you and your family pay for your school and training expenses. Find out more about Euroticket Creche and Euroticket Estudante!

Euroticket Creche

If you have children under the age of 7, it’s likely that a large part of your budget is spent on paying for nursery school, kindergarten, ATL, uniforms or school supplies. But did you know that your company can directly support these expenses? Euroticket Creche is a social benefit that any company can give to its employees and which aims to support their children’s childhood and education expenses up to and including the age of 6. And all this with tax benefits for both the company and the employee.

• Benefits for the employee: total exemption from IRS and Social Security.
• Benefits for the company: total exemption from TSU and a 40% increase in IRC.

Euroticket Estudante

When your children reach the age of 7, it doesn’t mean that your spending on education goes down. On the contrary, you still have to pay for books, all the school and computer equipment, transportation, universities and much more. What’s more, in a family, it may not just be the children who study. Any time of life is a good time to acquire new knowledge and skills through training, a language course, a postgraduate degree or a master’s degree, for example. That’s why you can also be supported by your company in paying for all these expenses. The Euroticket Estudante is a social benefit that companies can give to employees to help them cover the cost of their own education and that of their children aged 7 or over. And this social voucher also has associated tax benefits:

• Employee benefits: total exemption from Social Security.
• Benefits for the company: total exemption from TSU.

Features of Euroticket Creche and Euroticket Estudante

• There is no limit to the amount that companies can grant these vouchers.
• They can be used in more than 6,000 establishments across the country: from nurseries, schools, colleges, universities, stationery and bookshops, training centers, study centers, copy centers, to purchase school and computer equipment, ATL and much more.

Benefits for employees

Since these social vouchers have tax benefits associated with them, this means greater liquidity for those who receive them. In other words, you have a higher disposable income to support your education expenses and those of your family. However, there are other advantages for you:

• You can access a wide range of exclusive advantages for being a Euroticket user: discounts on leisure, health and well-being, insurance, mobility and much more.
• Payments can be 100% digital: in the case of Euroticket Creche you can make payments via e-voucher and in the case of Euroticket Estudanteyou can make online payments via MB WAY.
• The benefits can be used in a wide network of establishments and you always have the chance to suggest your favorite establishments if they are not already part of the network.

Did you learn more about these social vouchers to support education? Do you think they would be useful to you? Talk to your company and find out if you could receive these benefits!

Starting from July 2023, Euroticket benefits have been renamed Edenred.