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Archives for Tax

Κοινωνικές Ασφαλίσεις 1/2019 – Social Insurance 1/2019

H εισφορά στις κοινωνικές ασφαλίσεις, η οποία υπολογίζεται πάνω στις ασφαλιστέες αποδοχές του υπαλλήλου, αυξάνεται κατά 0,5% από την 1η Ιανουαρίου 2019 τόσο για τον εργοδότη όσο και για τον υπάλληλο. Συγκεκριμένα από 7,8% σε 8,3%. Για τους αυτοεργοδοτούμενους  η…

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EU VAT CHANGES FOR 2015

There are two new directives, first for the fast reaction mechanism aimed towards preventing VAT fraud. Second one is for the optional and temporary application of the reverse charge mechanism in relation to supplies of certain goods and services. Quick Reaction…

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FUNDAMENTAL ACCOUNTING

Financial statements are prepared according to agreed upon guidelines. In order to understand these guidelines, it helps to understand the objectives of financial reporting. The objectives of financial reporting, as discussed in the Financial Accounting standards Board (FASB) Statement of…

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SAVE ON TAXES

Value Added Tax (VAT) is a tax on consumption levied in the United Kingdom by the National Government. It was introduced in 1973 and is the third largest source of government revenue after Income Tax and National Insurance. It is…

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PROPER INVOICE INFO

Financial statements are prepared according to agreed upon guidelines. In order to understand these guidelines, it helps to understand the objectives of financial reporting. The objectives of financial reporting, as discussed in the Financial Accounting standards Board (FASB) Statement of…

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