The year 2025 brings a number of significant changes in the area of wage legislation that will affect both employers and employees. We will write about these legislative changes in detail in the following article.
ASB Group provided REDSIDE investiční společnost, a.s. with comprehensive financial and tax advisory services during the sale of the managed portfolio from the NOVA Real Estate property fund.
We are delighted to announce that ASB Group has been awarded the title of Tax & Financial Consultancy Firm of the Year during the prestigious Eurobuild Awards 2024 gala.
ASB Group in Poland recently assisted a client from the real estate sector in obtaining a refund of over €300,000 related to the property income tax, also referred to as the minimum tax on commercial real estate. The project was led by Aleksandra Czeczot, Tax Manager, and Klaudia Szerszeń, Senior Tax Consultant, with oversight from Łukasz Bączyk, Head of Tax.
We are pleased to announce that ASB Group has been nominated in the category of Best Tax & Finance Advisor of the Year at the CIJ Awards Slovakia 2024. This prestigious event, now in its 20th year, honors excellence across the Slovak real estate sector.
ASB Group, a leading provider of professional consulting and outsourcing services for business, launched its new IT tool, the "CE4 Payroll Calculator," designed to support companies considering expansion into the Central and Eastern European region. This program calculates and compares employer costs and salary volumes across Visegrád Group countries: Czech Republic, Hungary, Poland, and Slovakia. The Payroll Calculator is available online, free of charge to all users.
On 3 October 2024, the National Council of the Slovak Republic approved amendments to the legislation on consolidation of public finances, the so-called consolidation package. The aim of the consolidation package is to improve the status of public finances, with the vast majority of changes coming into force on 1 January 2025. On 18 October 2024 the consolidation package was signed by the President of the Slovak Republic. An overview of the most important changes in the tax area is given below.
Do you provide employee shares in your company? And have you already considered what impact the new changes in this area will have on your company? In the following article, we summarize the news in the taxation of employee shares, as well as what is not yet fully resolved in terms of legislation.
Changes to the guaranteed and minimum wage, which took place in the Czech Republic in July 2024, are intended to ensure an adequate minimum wage for the entire EU. This can help close the income gap between men and women, but it carries the risk of higher costs, Klára Cowan, Group Payroll Director of ASB Groups, writes below.