liquidity problems Archives

House of HR: “It has been a tough but amazing year!”

House of HR: “It has been a tough but amazing year!” COVID-19 chipped away at the business of the European HR service provider ‘House of HR’ – but thanks to the resilience, creativity and perseverance of all employees in all countries, the damage in 2020 was limited to 1% (!) loss in profitability. CEO Rika Coppens: “In fact, our purpose and values not only held firm, they also confirmed how fundamental and intrinsic they are to the well-being and strength of our people, and therefore to our group.”

All about the ‘carry back scheme’

All about the ‘carry back scheme’ Tax support promotes solvency during the COVID-19 crisis For many entrepreneurs, the coronavirus crisis is having a significant impact on their financial forecast for the current financial year. To avoid needlessly increasing costs, the government has launched the so-called carry back scheme. This is an early loss deduction for corporate, personal tax and non-resident income tax (companies/natural persons). Let us explain. Authors: Amber Van Landeghem, Advisor, Liesbeth Debusschere, Manager BDO [...]