< Back to all clusters
[BUSINESS] · Germany · 3 sources

started · updated

Frankfurter Metallkasse expands tax‑free metal employee benefits in Germany

The Frankfurt‑based company Frankfurter Metallkasse GmbH offers a tax‑free employee benefit that lets firms provide a monthly €50 allocation of precious metals such as gold, silver, platinum and palladium. The metals are stored in a customs‑free warehouse, enabling VAT‑free handling and simplifying payroll integration.

Companies of any size report that the system can be set up quickly, with the €50 automatically booked to payroll and minimal administrative effort thereafter. Employers can choose which employee groups receive the benefit, including full‑time staff, part‑time workers, mini‑jobbers and interns, using it as a retention tool. The transparent cost structure and seamless incorporation into existing salary‑accounting software have led to growing adoption among German businesses.