At Forvis Mazars, we inform you about the recent developments and rules and regulations that can have impact on you or your organisation. Would you like to minimise your risks and maximise your opportunities? We have listed several noteworthy news items that can be of use to you.
The importance of taking a day off during the coronacrisis
14 May 2020 – For many employees a lot has changed since the intelligent lockdown. Working from home, working with your kids and partner around you, working on a small area. Everyone has their own challenges.
Performance appraisals during the coronacrisis
11 May 2020 – Halfway through the year it is for many companies time to evaluate and schedule performance appraisals. How are you coping with this during the coronacrisis?
Renegotiation of financing agreements during the coronacrisis
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.
Reorganising during the coronacrisis
1 May 2020 – These are difficult times for many companies. Where one sector is flourishing, the other sector is under great pressure.
Monitoring in the family business - part 3 of 4
30 April 2020 - The following situation is outlined in the first part of this four-part section: Ad (63 years old) and his wife Bianca (61 years old) are married under marital conditions (cold exclusion). Ad owns 100% of the shares in E-Byke B.V. Ad wants to transfer the company to his daughter Cindy (29). Cindy has been working for E-Byke B.V. for some time. and is engaged in purchasing the parts for the electric bicycles. Son Dirk (26) has no ambition to play a role within E-Byke B.V. Part 1 focused on the emotional aspects of business transfer, among other things.
Regulatory flexibility gives banks the tools to support the economy during the coronacrisis
24 April 2020 - With banks no longer the weak link in the financial system, they now have a key role to play in supporting the real economy to survive the coronacrisis. The significant strengthening of prudential regulation over the past decade since the 2008 financial crisis has enabled banking institutions to post solid levels of capital and liquidity, putting them in a stronger position to cope with this unprecedented shock.
Technology companies and the new working world
21 April 2020 - How we live and work has seemingly changed overnight. With much of the world in lockdown, people and businesses are turning to technology to keep them going, whether it’s the surge in video chats, trials of app-based medical advice or growing interest in online food delivery kits.
Immediate insight into the impact of the coronavirus on your company's cash flow
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 payments, deferred payments, the impact of NOW).
Formation of structural surpluses leads to tax liability
10 April 2020 – Foundations and associations are more and more faced with the corporate tax liability. They often become taxable in case of the formation of structural surpluses.
OECD recommendations for taxation of cross border employees during COVID-19
Recently published recommendations from the OECD advise on how to treat cross border employees during the Covid-19 pandemic under the application of bilateral tax treaties.