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.
Working together is multiplicate
14 November 2019 - To achieve the best possible transaction, optimal cooperation between the seller, the M&A lawyer and the Corporate Finance advisor is important. This means empowering and helping each other.
Why do transaction multiples run so?
14 November 2019 - An important aspect when buying or selling a company is the purchase price. The purchase price is the point at which the seller and buyer meet, but how is this point established? It is a matter of negotiation in which both the buyer and seller both have their own subjective view of the value of the company.
De inzet van technologie als onderscheidend vermogen
Mazars publiceert een wereldwijd onderzoek naar de mate waarin ondernemers bekend zijn met vijf beproefde effectieve werkplektechnologieën en hoe deze worden ingezet om onderscheidend vermogen te creëren.
Integrating sustainability into risk management
25 oktober 2019 - Governments, regulators, and much of the investment community are all highlighting that environmental, social, and governance (ESG) issues need to rise up the agenda at company boards. However, many of these corporations are asking why this is the case and what is in it for them. In order to help address these questions, Mazars interviewed 15 multinational companies headquartered in Germany to understand the strategic importance of sustainability to their organisations and the challenges they face when sustainability issues and risk management collide.
Employment costs: bottlenecks and opportunities in the public sector
23 October 2019 - The Work Expenses Scheme (WKR) gives you as an organisation in the Public sector the opportunity to provide untaxed benefits to your employees. During inspections it appears that errors are still often made in the WKR administration and the Tax and Customs Administration could impose an additional assessment. We give you some tips to prevent this.
Optimise your HR and Salary processes
3 October 2019 - The inflow, throughflow and outflow of employees creates the need for now dynamic and complex administration of HR and salary data. If you do not have a grip on these processes, this can lead to a significant increase in costs and inefficiency. Mazars analyses and optimises your HR and salary processes.
Tax benefits for electric cars in the period 2020-2025
3 October 2019 - The tax benefits for electric cars will continue to exist in the coming years. Until 2025 no motor vehicle tax will be payable on an electric car. As of 2020, the contribution to the taxable income for company electric cars will increase. Despite this increase, the additional tax rate for electric cars will still be lower than for petrol and diesel cars.
Changes in the VAT rate for the maritime shipping and offshore industry
19 September 2019 - In 2019, a number of changes took place in the application of the VAT rate to the maritime shipping and offshore industry. In some situations, the customs rate may change as well.
Cross-border supplies: change in VAT rules as of 2020
19 September 2019 - As of January 2020, all EU member states will introduce a number of new VAT rules aimed at improving the European VAT system for cross-border supplies in the short term. These new rules are also important for internationally operating entrepreneurs in the transport & logistics sector. This applies in particular to entrepreneurs who act as tax representatives for foreign entrepreneurs and in doing so report on cross-border supplies.
Nuance on the concept of construction site in the case of delivery with demolition obligation
18 September 2019 - When delivering an existing building with the obligation to demolish, it was assumed until recently that the act of demolition together with the delivery of an existing building can be seen as a single performance. As a result, such situation concerns the delivery of a construction site subject to VAT. It appears that the Court of Justice has recently qualified this point if, at the time of delivery, the demolition operations have not yet commenced.
Governance in the cultural sector: which approach to choose?
13 September 2019 - The new Cultural Governance Code requires cultural organisations to have the executive board and the supervisory board discuss the division of roles between the two parties. But what is the best way for organisations to do this?