Home office during Corona: Tax aspects Employees are currently being sent to the home office due to precautions in the context of the corona situation. It is questionable whether and to what extent expenditure during home office can be claimed against tax. Principle If the home office forms the center of all operational and professional activity, the full amount of […]
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For small and medium-sized businesses: Online translation software from the European Commission in 27 languages
For small and medium-sized businesses: Online translation software from the European Commission in 27 languages Perhaps the following online software will be useful to some of you: All small and medium-sized enterprises (SMEs) in Europe can now use the European Commission’s “eTranslation” online translation software free of charge. The online software helps SMEs translate documents and texts into 27 languages […]
Raising growth capital
Issue Our client, an emerging online mail order company, was faced with the challenge of supporting the rapid growth of its business with sufficient operating resources. To meet this urgent capital requirement, we leveraged our expertise and extensive connections to successfully access external financing. This enabled the company to secure its operating resources and fully exploit its growth potential. Solution […]
Support for a multinational group
Photo credit: https://theicebath.com.au/ Issue Due to staff shortages, our client was unable to ensure proper financial accounting. Solution The s&w team supported our multinational corporate client over a longer period of time (> 1 year) to stabilize and improve their financial and accounting function. Our services: Preparation and implementation of planning for accounting Support in the timely preparation of monthly [...]
Help with criminal tax case
Issue Over an extended period of time, our client failed to report income in excess of EUR 2.5 million to the German tax office, which eventually led to the initiation of a tax investigation. After a thorough house search, criminal proceedings were initiated, including a potential back tax payment of over EUR 1 million and the prospect of a prison […]
Digitalization of accounting
Issue The supplier, specializing in providing classic car spare parts through its online shipping platform, encountered a significant challenge when it came to reconciling outgoing invoices generated by their Enterprise Resource Planning (ERP) software, specifically JTL. This hurdle gave rise to a concerning accumulation of open items within their financial records, primarily in the form of unpaid invoices as well […]
