100 billion €!
It’s the amount retrieved since the launch of the first-ever international offensive against the banking secret in 2009.
According to the latest OCDE’s report, the establishment of a cross-national system of an exchange of fiscal information involving around 40 countries has led national fiscal administrations to shed light on around 47 million of bank accounts deposited abroad.
The result? More than 500.000 bank accounts kept secretly abroad have been unveiled, leading to the retrieval of € 100 billion of lost money! That same public money that could have been used to invest on healthcare, education and social measures that put the wellbeing of citizens at the centre.
You know how much tax justice means to us! We worked for years on a series of legislative proposals to bring about fairness and justice and put an end to the practice of tax dodging that harms our citizens so much.
It’s time everyone paid their fair share. It’s time to lead an ambitious plan to fight tax evasion, together.
And we have some proposals for this.
Check them out at www.taxjustice.eu
Never celebrate too early, it can harm your win and can convert into loss.
Celebrate when you have completely done it.
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1 week ago
Three years ago, I moved to Australia and made a firm decision of studying Bachelors of business (ACCOUNTING). Won’t lie, It has not been easy as there have been a few distractions. But I have reached the end of the hurdle now. Perhaps, the beginning of a new hurdle and I couldn’t be more excited to know what life’s got to offer. And Some may say I have ‘changed’ which is true. This experience truly has been ‘transformative’. I can’t thank my guardians enough for their support.
A genuine redundancy payment is a payment made as a result of your dismissal from your job because the job you were doing has been abolished.
Such payments are tax-free up to certain limits and might include:
• payment in lieu of notice
• severance payment of a number of weeks’ pay for each year of service
• a gratuity or ‘golden handshake’
From 5% oo
Okay now we small businesses still dey complain about the 5% tax charged on consumables now the FG has proposed to start tasking 7.5% VAT on all businesses. Yes I am a business owner too check out @chowfoods.ng
See eh ! as soon as this is approved by the lawmakers and passed into law.. Hmmm..E don finish oo. Cause it immediately becomes a reality . But guess what guys?
We are Nigerians , we are strong , smart and strong willed and come what may... We will survive and even come out stronger.
All you need do is get back to the drawing board. Yes its called TAX PLANNING.
Factor in the tax increment in your prices if you must .
Yea! Do not be afraid to do that if you must oo.
As long as you are dishing out value people will come around.
How are you ? Have you heard about the proposed tax increment?
What do you think about it?
Assalamualaikum and haii semua .
Ada yang terlepas kelas minggu lepas. Jangan risau. Kita ada buka kelas utk minggu ini. .
Kelas online untuk asas akaun dan tax knowledge. Kelas utk batch-9!
So para peniaga yang nak uruskan dokumen dgn baik, teratur sini mari kesini join kelas online dgn SFS. .
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REGIONAL EXPERIENCE ON OUTSOURCED ACCOUNTING SERVICE
There is no secret that major corporates outsource all services that are not directly connected with their core business operations. From coffee supply to legal assistance, cleaning and event management, accounting and marketing, there is no restrictions on what could be outsourced as long as it’s financially and qualitatively justified.
Developing business in the UAE, we are just facing the stage of acceptance to outsource such a discrete business activity - as accounting.
Conservative way of doing business dictates to have an in-house accountant.
Correct it or not, depends on each business case.
Sharing our own experience, we can see the tendency to have more trust to third party contractors who can evaluate the business process with a critical point of view.
And what’s the most important - cost saving benefits creates unbeatable value to go for outsourcing.
Visa, insurance, social benefits and responsibilities over employment work against the decision on accounting manpower.
Explore the local reference of outsourced accounting service with Horizon Biz Consultancy
UAE: +971 501042665
India: +91 9979959505