New tax measures in budget bill no. 7666 for 2021
Here are the comments of our tax specialists at PKF Audit & Conseil following the announcements of the Luxembourg Minister of Finances, Pierre Gramegna, on Wednesday 14 October 2020.
For more than fifteen years, our experienced multidisciplinary team has been helping professionals and companies across Luxembourg and Belgium meet their many obligations (accounting, tax, social security and legal).
Accounting
- Helping you get started
- Keeping your accounts
- Preparing your tax returns
- Personalised and customised support
- Assistance with closing your business
TAX
- VAT advice
- Income tax advice
- Registration duties and inheritance tax advice
- Organisation of conferences and training
Legal secretarial support
- Assistance in the incorporation of your company
- Assistance in the realization of various operations during the life of the company
Payroll accounting
- Managing your payroll
- HR outsourcing services
Financial engineering
- Corporate strategy and organisation advice (in Belgium and Luxembourg)
- Restructuring and domiciliation advice in Luxembourg
Trainings
- Interventions on request on topics related to our expertise
- Organization of seminars during the day or in the evening, in our premises or yours
1. Individuals (including self-employed), company managers and qualified professionals
2. SMEs, non-profit organisations and foundations (BE and LU)
3. Large companies or groups (BE and LU)
4. Financial companies (LU)
With a strong positioning in Luxembourg and Belgium , AFC stands out thanks to the quality support and high value-added advice it is able to provide within a cross-border context.
“Coming together is a beginning. Keeping together is progress. Working together is success.” Henry Ford
At AFC, we are committed to working together with our clients.
Aurélie Theisen
Manager - Chartered accountant
News
Luxembourg tax updates Q3 2020
Please find below a summary of the main Luxembourg tax updates for the third quarter 2020.
IFRS 2019 Update : New Financial Reporting Standards effective from 1 January 2018
We provide an overview of IFRS 9 and IFRS 15 : what they mean, major changes you should be aware of, how you might be affected and how we can help.
Minimum wage increase
Following a government decision in December 2018, the minimum wage (Salaire Social Minimum – SSM) has increased by €100.00 net with retroactive effect from 1 January 2019.
Tax Information – Deductions in Luxembourg
Our "Small Quick guide to tax deductions in Luxembourg" is intended to help anyone who has to submit a tax return to Luxembourg to better anticipate their situation.
PKF International welcomes AFC and PKF Audit & Conseil as new member firms in Luxembourg
PKF International Limited has strengthened its global coverage with the admission of AFC and PKF Audit & Conseil as new member firms in Luxembourg.