Offices
Barcelona
c/ Fontanella 21. 08010
Madrid
(Concursal/Reestructuració)
c/ Conde de Xiquena, 4. 28004
An independent member of DFK International an association of independent accounting firms and business advisers.
Con el otoño que va poco a poco instalándose por todas partes, nos complace arrancar la newsletter de octubre 2021 invitándoles a asistir a las sesiones en abierto que ha organizado la red BNFIX Global dentro de su tradicional encuentro anual, que este año ha llegado a su decimoctava edición y de la cual os informamos con detalle más adelante.
The Council of Ministers held yesterday approved the Royal Decree Law 15/2020, of March 21, to deal with the economic effects of the coronavirus crisis and was published today in the Official State Gazette. To inform you about the labour aspects of it, Sara Bueno, from our labour department, has prepared an explanatory video.
If you want to delve a little more into them, Pere Alonso, from the same department, has drafted a complete circular that addresses, among others, the measures related to temporary lay-off (ERTE), teleworking, unemployment benefits, inspection and the postponement of debts.
The Royal Decree also includes a package of tax measures, with changes related to VAT, fractional payment of Corporation Tax and fractional payment and income on account in the objective estimation method of personal income tax. In a second circular, the economists Ester Brullet and Carolina Mateo, from the tax department, discuss these and other developments, which Ester Brullet also talks about in this video.
|
|
|
|
If you need any further information, please do not hesitate to contact us on alba.pich@pich.bnfix.com and we will be delighted to assist you.
Alba Pich · alba.pich@pich.bnfix.com
Tax Department
Dear Mr./Mrs.,
It has passed almost three weeks of confinement after the Covid-19 state of alertness; since then, us, businesses and self-employed, we have tried to embrace the situation, understand the new scenario, take the first measures related with our more direct collaborators, check our liquid assets, while analysing the fixed costs in a more immediate way. Now, time has come, in a general way, to focus ourselves on other matters.
We are sure that the aim of all of us is to assure, on the best terms, the business ongoing commitment in such uncertain scenario; about time and consequences, on a second-level, we would like to recommend you the following Action Plan:
Make a cash-flow projection considering the different possible scenarios: considering two, four and six months ahead; it is a hard work to do, but it is worth to do the effort.
* National: financial entities with 80% bank guarantee for SME and self-employed and 60/70% for the rest, with guarantee managed by the Official Credit Institute (ICO)
* Catalonia regional: Avalis and Catalonian Finance Institute (ICF) 80/100% guarantee
* Local and Sectorial: check in your city council if there are any subsidy or assistance.
* Other means: other private funding’s, financial asset trading, shares management, etc…
About the bank guarantees, if the have already contact you or you have, we should pay attention to the following subjects:
* Terms offered
* Attention to the request of personal guarantees
* Which is the estimated time they say it would take to solve my situation
* Could I improve all previous terms with negotiation?
We should also think that we do not know the highest and precise offer they can propose or how they will proceed in each particular case, so it is very important to submit with all detail, all the documentation requested as well as the narrative. The STEPS we would propose for our internal development would be as follow:
It is necessary to follow all steps, obviously at the appropriate scale, no matter the size or volume of your business: self-employed, micro or medium business.
However, we cannot forget that the first challenge is that your business counts on enough cash-flow to keep it working during the first mentioned steps, and this is what you should focus.
Cash-flow, business evolution, income and expenses on different scenarios, Social Security taxes and suppliers, all these require a global and special analysis, which will not be easy. With all due humility, but also with determination, we are following all legal and formal changes that are happening and that will come. Our tax, labour, audit, account, law and economy departments are now, between other matters, at your complete disposal to keep you informed.
Thank you for your attention and please, be safe.
María José Moragas · partner · legal dpt mj.moragas@pich.bnfix.com
Ester Brullet Humet · economist · ester.brullet@pich.bnfix.com
Sara Bueno · labor dpt · sara.bueno@pich.bnfix.com
Dear Mr./Mrs.
First of all, we hope that you and your families are well.
Since the COVID-19 health crisis started, we have been informing you of the different legislative developments that were being approved. Continuing with our informative commitment, and aware of the information’ overload that you may have suffered, we have considered appropiate to offer you a SUMMARY of the main developments in labor, tax and commercial matters that we consider that may be more useful at the moment.
Furthermore:
✔ You can access all our COVID-19’s complete newsletters on our website www.pich.bnfix.com
✔ You can obtain the model certificate that authorizes the authorized employees to move to the workplace if requested by the competent authorities.
We remain at your disposal to assist you, teleworking, in all those queries that you want to ask us and we trust that this exceptional situation will cause the least havoc in companies.
Jordi Altafaja · àrea laboral
Joaquim Coma · àrea fiscal
María José Moragas · àrea legal
#quedatencasa #joemquedoacasa #yomequedoencasa
Barcelona
c/ Fontanella 21. 08010
Madrid
(Concursal/Reestructuració)
c/ Conde de Xiquena, 4. 28004
An independent member of DFK International an association of independent accounting firms and business advisers.