Most recent: PRISM Tax Newsletter - 4th Quarter 2020 issue The latest issues of PRISM - the quarterly tax newsletter, which is part of Reanda's effort to stay in touch with our clients by sharing updates and insights on the recent taxation changes and current hot topics. Read the publication
Most recent: Reanda International Newsletter - 3rd quarter issue of 2020 PRISM The latest issues of PRISM – the quarterly tax newsletter, which is part of Reanda's effort to stay in touch with our clients by sharing updates and insights on the recent taxation changes and current hot topics. Read the publication
Most recent: Top 10 tax proposals in the 2021 Tax Plan What proposals and changes in the area of taxation did Dutch Minister of Finance Wopke Hoekstra pull from his briefcase on the third Tuesday of September? The measures set out in the 2021 Tax Plan have been influenced greatly by the coronavirus crisis. A brief explanation of the ten most important proposals and changes is provided below. 1. Introduction of transfer-tax exemption for first-time buyers. To make it easier for first-time buyers to access the housing market, an exemption from transfer tax will be introduced from 1 January 2021. This exemption will apply to buyers aged between 18 and 35 who are purchasing their own home. If the buyer has already benefited from the transfer-tax exemption or is 35 years of age or older, the current rate of 2% will apply to the purchase. The rate of transfer tax applicable to property purchased by investors and legal entities, as well as to homes that are not used as a main residence, will increase to 8% (6% in 2020). 2. Tax allowance and [...]
Most recent: Reanda Netherlands Back to Work event 6-8 September 2020 On 6-8 September Reanda Netherlands organized her first Back to Work event in the Apollo Hotel in IJmuiden, the Netherlands. Combining socializing with training sessions, the event was welcomed by all employees, understanding how difficult it is to work from home most of the time without social interaction. On Sunday, the team started with ‘blowcarting’, a spectacular way to sail on the beach. Under the eyes of the experienced instructors of PBN Nova Zembla all were soon steering their carts of the extensive IJmuiden beach as they are doing this on a regular basis. In the evening, we had a tasteful BBQ at the Beach house of Nova Zembla. On Monday we started with a session on the strategy of Reanda Netherlands by our managing partner Gerard Uijtendaal AA. Afterwards, Paul Bax RA, compliance officer at Flynth then took over to discuss the current tendency to change ISA 600 group audits towards a risk based approach, and presented a very interesting case on an international group audit. Olga Lukashenko FCCA, Reanda Netherlands [...]
Most recent: PRISM Tax Newsletter- 2nd Quarter 2020 issue The latest issues of PRISM – the quarterly tax newsletter, which is part of Reanda's effort to stay in touch with our clients by sharing updates and insights on the recent taxation changes and current hot topics. Read the publication
Most recent: RISM Tax Newsletter- 1st Quarter 2020 issue The latest issues of PRISM - the quarterly tax newsletter, which is part of Reanda's effort to stay in touch with our clients by sharing updates and insights on the recent taxation changes and current hot topics. Read the publication
An interview with Gerard Uijtendaal Title of the interview: In the Picture – Gerard Uijtendaal from Reanda Audit | Tax | Advisory Read the Dutch interview by Guanxi with Gerard Uijtendaal. Read here the interview (in Dutch)
Most recent: Reanda International: #21 amongst international accounting networks in 2020 Reanda International is ranked number 21 amongst international accounting networks in 2020 with 5% growth of aggregate fee income According to the International Accounting Bulletin (IAB) 2020 World Survey, Reanda International has risen three places since last year and become the 21st largest global accounting network, as measured by global fee income. Currently, Reanda International is represented by 41 network firms with more than 147 offices, 250 partners and 4,500 staff, and a global aggregate fee income of USD233.2 million. Based on the aggregated fee income in 2019, Reanda International excelled with a growth rate of 5% while the number of professionals was increased by 13% with an addition of 530 personnel by the end of 2019, supported by the sustained organic growth of the existing network firms, acquisitions from our network firms as well as the admission of 6 new network firms in Bangladesh, Angola, Cape Verde, Sao Tome and Principe, Brazil and Ukraine. In 2019, Asia Pacific remained Reanda International’s largest region, bringing in 79.5 percent of fee income. [...]
Most recent: Quantity of Chinese companies in the Netherlands doubled According to the Netherlands Bureau of Statistics, the quantity of Chinese companies in the Netherlands has almost doubled, from 245 end 2012 to 470 end of 2018. The contribution of Chinese companies to the Netherlands economy is this period almost quadrupled to 1 billion euro. This relates to companies in the Netherlands of which the majority of the shares in in Chinese hands. The added value of these companies has increase from 290 million euro in 2012 to 1.079 million in 2017. The amount of employees at companies in Chinese hands increased equally, from 3 thousand to 11 thousand. The amounts spend on research and development grew consistently: from 9 million (20212) to 31 million euro (2017). Since 2015, the contribution of Chinese companies to the Netherlands economy has grown much stronger than the quantity of Chinese companies, due to several very large acquisitions. Development of Chinese companies 4 out of 10 Chinese companies active in trade Out of the 470 Chinese companies in the Netherlands 195 are trading companies. [...]
Most recent: What is an audit? What is an audit? This is a logical question for companies that haven’t had audits done before. An audit is a control through investigation to determine if certains aspects of the business operations of a company are represented correctly in the reports. There are various kinds of audits. Reanda Netherlands specializes in financial audits, often the most requested and important type of audit. What is a financial audit? A financial audit examines the financial report of an organization. The annual report states several crucial pieces of information and tells all about the financial performance and position of the company over the past year. Naturally, it is of the utmost importance that this report is an accurate representation of the company’s financial position. The purpose of a financial audit is to affirm that financial reports are done correctly and give an accurate representation of the company’s financial situation at a given time or date. What is examined? Financial reports consist of multiple components, such as the balance sheet, income statement, changes in equity, cashflow and several explanatory [...]
