The income tax and social security regulations for the accounting of travel expenses are subject to constant change. Anyone who does not work with constantly updated programs and the latest laws runs the risk of submitting incorrect wage tax declarations and social security contribution statements and recording travel expenses incorrectly in the accounting system. Our employees in the payroll department regularly attend training courses where they are trained in the new regulations. We purchase up-to-date standard works on the subject of wages every year and have online access to comprehensive tax law databases that are always up to date. Our software providers provide us with constantly updated programs that take into account the latest regulations and payroll tax tables. Our payroll accountants can coordinate with our tax advisors on complex issues.
The following topics usually change annually for travel expenses:
- Income tax tables
- Social security contributions
- Lump sums for additional meal expenses
- Packages for overnight stays
- Details of the provision of meals by the employer
Are you curious? Here you can find out what we can do for you.
Why should you have your employees’ travel expenses checked by a tax consultant?
