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For companies whose financial year does not coincide with the calendar year, or when preparing interim financial statements, calculating provisions for holiday pay and the thirteenth-month bonus is often an underestimated area of attention. At 31 December, companies can generally rely on calculations provided by their social secretariat. An interim closing, however, requires a more nuanced approach. Simply pro-rating the annual provision does not always provide an accurate picture of employee-related liabilities.

The CBAM will begin to have a financial impact in 2026. Find out how importers need to prepare, what impact this will have on audits and provisioning, and how Grant Thornton can help.