NewLunch provides a digital platform for businesses to offer tax-efficient employee meal subsidies. Employees can use the platform to submit meal receipts from any establishment for tax-free reimbursement, enhancing benefits and supporting local food businesses.
Funding
Funding not disclosed
Founders
Product
Problem
Companies face challenges in providing tax-efficient employee meal subsidies, which can be administratively complex and limit employee choice. This often results in lower employee satisfaction and missed opportunities to support local food establishments.
Solution
NewLunch offers a digital meal voucher platform that simplifies the administration of employee meal subsidies for businesses. The platform enables employees to submit receipts for meals purchased at any establishment, facilitating tax-free reimbursements processed through payroll. This digital solution enhances employee benefits by providing flexibility in meal choices and supports local gastronomy by enabling wider acceptance of the digital vouchers.
Target Audience
The primary customers are small to medium-sized businesses (SMBs) and larger enterprises seeking to offer a flexible and tax-efficient meal benefit to their employees.
Features
- Digital meal voucher system for employee meal subsidies.
- Mobile application for employees to submit meal purchase receipts.
- Integration with payroll systems for streamlined reimbursement processing.
- Support for tax-free meal allowances up to €100.05 per employee per month.
- Network of partner restaurants and food vendors for voucher redemption.
- Reporting tools for HR to manage and track employee benefits.
- Compliance with German tax regulations for employee benefits.