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A general partnership is a legal entity. It’s the least regulated and simplest business type. To set up a general partnership, you don’t need to visit a notary or publish a financial statement, nor do you need a financial plan. As a partner, you are unlimitedly liable in case of company debt, though, which means your private assets aren’t protected. 

The added value coefficient for the calculation of rental benefits of company directors for 2024 has been published.

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Since 1 January 2024, the new calculation formulas for the mobility budget have entered into force. However, some areas of uncertainty remained. A tax circular now brings some clarity

As the student employment contract is a fixed-term contract, it automatically ends on the end date indicated in the contract, with no notice required. However, it is possible to terminate the contract before the end of the term.

The 'work bonus' is a reduction of personal social security contributions paid by the worker. The amounts of this reduction were indexed on 1 May 2024.

The amount of the Guaranteed Average Monthly Minimum Income (GAMMI) increases as of 1 April 2024, in accordance with the social agreement reached on 25 June 2021.

On 23 June 2016 the British decided to leave the European Union: 51,9% voted for Brexit, 48,1% voted Remain. On 30 March 2019, the United Kingdom will leave the European Union, with or without agreement. The United Kingdom may also stop the Brexit if it wishes so. That still seems to be the most important certainty we have.

As expected, the wage standard for 2023-2024 was officially set at 0.0% by the Royal Decree of 13 May 2023. This standard determines how much the average wage cost per employee may increase for a maximum of two years.