Several regulatory updates have been made in Australia throughout the last few months. It is imperative that employers stay up to date with these policy changes, in order to avoid compliance regulations.
Global tax reform has been a popular topic across nations, and has become a heightened discussion subject as the digitalization of the economy has transpired.
In Northwestern Europe, various new labor laws have been implemented, and notable amendments have been made to those already in effect.
The Czech Republic has introduced several changes in insurance, UBO, and reporting policies for the year of 2021. As of January 1st, 2021, the income base amount for health insurance contributions has been raised by CZK 500. The threshold for health insurance participation which had been previously set at CZK 3,000 is now at CZK 3,500.
Government officials in Brazil have introduced the “Balcão Único” initiative, streamlining the incorporation process for companies. With this new system in place, companies will be able to save time and money in efforts toward getting their business up and running.
As companies experience rapid growth and set in motion plans for expansion, it is crucial to keep in mind the importance of “know before you go”. In this webinar, our global experts will provide a comprehensive look into how you can navigate the complexity of global expansion and successfully establish or grow your operations overseas.
Budget projections for the year of 2021 were delivered in Singapore on the 16th of February. For the 2021 budget, core rates such as corporate tax rate, GST rates, and personal income tax rate will remain as they are.
The 2021 UK budget was presented to parliament in early March. The budget will continue to incorporate allocations to various coronavirus support measures.
For the year of 2021, several changes have been implemented into employee leave and social security policies in Switzerland.
The economic employer concept has been implemented in Sweden for the year of 2021, for both Swedish and non-Swedish employees.