'An investment in knowledge pays the best interest.'
~ Benjamin Franklin
As everybody knows, the labor legislation is quite dynamic in our days. The payroll is an important part of the accounting system. There are several changes regarding the payroll, which entered into force as of Sunday, January 01, 2017.
We’ve decided to inform you about the three most important changes for 2017:
The first change is associated with the minimum monthly wage. The updated medium-term budget forecast of the Government for the period 2017-2019 provides for an increase in the minimum wage to BGN 460 /from BGN 420/ as from January 1st, 2017 and to keep it at this level in 2018 and 2019. Read more…
We shared the part one of our understending for a trusted advisor / accountant. Today we’re sharing the second part. According to a recently made survey, it turns out that it is really important for the small business to have a good accountant whose job will be not only helping you in taking the right and important financial decisions, but who will also play a certain role into the financial strategy of the company for a long-term period. And the information gathered from that survey points out that the owners of small businesses wish exactly this for the accounting services that are provided by their accountant. Read more…
You own a private business and that means that you need and for sure you have an accountant, a CPA or a bookkeeper. For hiring such a professional to deal with the finances of your company, you pay a certain monthly fee. You usually use them only for getting accounting services, but it is almost a hundred percent sure that your accountant knows your financial deals even better than you, because often he is the person that gives you advice in this area. And if you need to build a solid financial strategy, the best decision could be to consider your accountant as your partner.
Read more…
