Global View: Autumn 2020
Our Global network has been pulling together insights from around the world into one global hub to help businesses and individuals to navigate the uncertainty caused by the global pandemic.
View insights on our Global COVID-19 hub
Round-up
Poland
- Forthcoming tax changes for businesses including CIT and PIT, transfer prices and withholding tax. Read more
- Transfer pricing documentation and the payment of dividends. August 2020 decision from Polish Ministry of Finance. Read more
Germany
- VAT update on quick fixes which are part of extensive VAT reforms to EU law. Includes impact on consignment stocks and chain transactions. Read more
Ireland
- VAT dropped to 21% from 1 September 2020 to 28 February 2021 and further tax changes announced as part of the July stimulus package. Read more.
Netherlands
- Turbo liquidation of a private limited company (BV) and better protection for creditors. Liquidation options in Netherlands and how they will work in future. Read more
- Improve your cash position during the COVID-19 crisis. Steps you can take. Looking at amended forecast profits. Read more
Slovakia
- Changes to the minimum wage. Read more
Global Mobility: Are virtual assignments the future of Global Mobility?
More and more employers now have virtual mobility scenarios. The pandemic has resulted in a surge of these arrangements, and many of them may well be here to stay in some shape or form. Read more
UK: Job Retention Bonus Scheme
On 8 July 2020 Rishi Sunak announced the new Job Retention Bonus (JRB), which will pay employers £1,000 for every formerly furloughed employee if they are still employed at the end of January 2021.
As of 2 October 2020 further details of the JRB have been released.
Global Business Solutions - taking the strain
When expanding into new markets you need a lot of HR, accounting and compliance knowledge fast. That's where we step in.
Global Business Solutions is part of Crowe U.K. We have access to a network of accredited specialists in over 140 countries around the world.
Based in the UK, we coordinate global compliance for a large number of fast-growing international businesses. Our experienced teams focus on keeping global compliance up to date for their clients and providing associated advice for expansion and change.
