Communication is key. Starting the conversation during your lifetime and making clear agreements with your heirs will in many cases mean that conflicts are avoided. In this article, we look at a number of tools for starting the conversation and documenting a number of agreements in a family context.
“Discover how to calculate the taxable benefit in kind (BIK) for company cars for the 2025 income year. Use our handy tool and understand the flat-rate valuation of your BIK.”
The importance of corporate compliance: peace of mind in a complex legal landscape
In July, David Grusch, a former US Air Force intelligence officer, turned whistleblower and claimed that alien spacecraft have been hidden by the government for decades. Just as UFOs vary in shape and colour, there are unidentified elements inside your organisation to which you would do well to pay attention. So let’s talk about the UFOs that may appear within your own organisation this year.
You’ve very likely already received text messages or emails from cyber criminals pretending to be someone else, such as a customer or a government body. This is just one of the ways that you – and by extension your entire company – can fall prey to a cyber attack. As an SME, are you in as much danger as a larger company? What are the potential consequences? But above all: how can you protect your SME against cyber crime and protect your own data – and that of your customers? You’ll find the answers to these and other important questions in our new ‘WhatsUpp’.
When the Companies and Associations Code (CAC) was introduced, attempts were made to restrict the consequences as regards corporate tax as much as possible. This ‘tax neutrality’ has in general been achieved.
The new Companies and Associations Code (CAC) expressly states that directors cannot be bound by an employment contract with the company in that capacity. However, this does not mean that a director may never enter into an employment contract with the company at which he or she is a director.
Companies are obliged to file a corporate tax return on an annual basis. The general rule is that, as from the balance sheet date and irrespective of the date of the general shareholders' meeting, a period of seven months is granted to submit the return.
During the Covid 19 pandemic many cross-border workers were forced to work (at least partially) from home. Employers have meanwhile adopted hybrid working policies as employees have embraced working from home. In a cross-border situation, this has a significant impact for income tax and social security purposes that requires a well-guided approach. Time for an update.
Thanks to the growing awareness around ESG (Environmental, Social and Governance), the decision-making process of companies is increasingly influenced by matters like energy consumption, climate, health, safety and good corporate governance. ESG seeks for an equilibrium between financial economic results, transparency, social interests and the environment without losing the balance between them. It should therefore be no surprise that also the tax authorities are stimulating tax payers (more specifically companies) to greening their company car fleet by allowing a higher tax deduction for so-called ‘green cars’ and disallowing the deduction of ‘fuel cars’ going further. Next to the tax impact, the greenification of the company car fleet offers opportunities to create added value for companies, climate and their people from an innovation perspective.
In the business world, there is an evolution from ‘sustainability’, in the past often associated with environmental objectives, to the broader concept of ‘ESG’. ESG stands for ‘Environmental, Social and Governance’, and includes items such as energy efficiency, carbon footprint, availability of raw materials in the production cycle, health & safety on the work floor, board remuneration, corporate governance, etc.
The new Belgian tax regime for inpatriates and inpatriate researchers
The mandatory sustainability reporting for large companies in Europe will also involve SMEs. Look at it as a ‘call for action’ for every company.
Did you know that you can be a member of the administrative body in no more than one capacity?
Did you know that new terminology has recently been introduced in company law and ...
In a globalised world, businesses must be able to work transparently across borders. Given the constantly developing nature of global tax regulations, a well-run, compliant, and cost-effective international mobility programme is critical to the success of talent management and business operations.
A new set of rules has recently entered into force for your company: the new Code of Companies and Associations. This new code does not only bring obligations, but also many opportunities. Discover how you can prepare for an upgrade!
How do you prepare your organisation step-by-step for a sustainable future, from the very beginning to the first sustainability report?