Employee expenses in Belgium - stay compliant
There are new rules around recording and paying employee expenses for Belgian firms. Find out what they are and how to comply here.
6 min read
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Local tax compliance
4 min read
How VAT reclaim may benefit your company’s finances in times of economic downturn
Covid-19 made us face an economic turndown, but not everything is lost. VAT reclaim may benefit your company’s finances during this unpleasent period.
4 min read
3 tips to keep in mind when recovering VAT from T&E tickets
If you have ever wondered whether recovering VAT on travel tickets could be worth the effort for your company, the answer to this question is a clear and categorical YES. Although any company has the right to do so, many companies give up during the process, resulting in about 5 billion in unrecover
9 min read
Per diems in the United States for Dummies
Take it from someone who knows, “the hardest thing in the world to understand is income taxes” for not only is tax law as convoluted as a labyrinth but it may change from one year to the next. Of course, that someone was Albert Einstein. So if you find the tax rules governing business deductions and allowances difficult, don’t fret. You can be excused for the man who gave us the theories of relativity found taxes equally perplexing. Despite the byzantine nature of tax rules, there is method in the madness, which may help to preserve some sanity, as we explore the taxing world of accountable plans and per diems in the U.S.
7 min read
Per Diems in the UK for Dummies
It may be that “not all those who wander are lost” according to Bilbo Baggins but with the plethora of rules and regulations currently governing per diems, reimbursements, scale rate payments, and round sum allowances in the U.K, it’s very easy to go astray when you travel on business. But
2 min read
Tax recovery just got easier: announcing our partnership with VAT IT
We’re proud to announce our partnership with VAT IT to provide companies across Europe and the world an even more seamless solution to VAT Recovery and expense management. Together we hope to increase vat refund yields for companies across Europe who lose out on millions a year in unclaimed VA
7 min read
Per Diems in Germany for Dummies
A Per Diem or daily allowance is a specific amount of money an organization gives an individual, often an employee, per day to cover living expenses when traveling for work. Working with Per Diem rates can be easier for your company, as it eliminates the need for employees to prepare, and employers
3 min read
Why VAT recovery is much more important than you think
Lots of companies still overlook the potential of foreign VAT recovery for their expenses — that’s the VAT you pay over business expenses made abroad, like hotel stays and conference tickets. Globally, $20 billion is lost in unclaimed VAT every year — money that would have been rightfully thei
3 min read
Per Diem in Spain for Dummies
More and more employees need to travel for work reasons. As such, companies have to cover the expenses of these trips, on many occasions through the Per Diem allowances, but what are exactly the Per diems? Per Diems are fixed amounts of money that an employee can spend during a business trip. These