7 May 2020 – For both borrowers and lenders it is an uncertain time. Banks are waiting for customers to provide information about the consequences of the coronacrisis. At the same time companies expect banks to take the necessary measures to help them through this hard times.
During the coronacrisis events are cancelled, customers are unable to pay invoices, entrepreneurs hand out vouchers to generate revenues and many companies run into financial difficulties. We provide you with some VAT tips
Due to the effects of the coronavirus, a lot has changed in a short period of time. It is essential for your business operations to gain a simple and quick insight into the impact of various scenarios on your liquidity (consider clients paying later, paying suppliers later , deferred payment to suppliers, deferred bank repayments, deferred repayments from other lenders, shareholders making additional...
Do you have questions regarding your challenges during the coronacrisis? Please contact your trusted Mazars adviser or use the contact form.
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