Heike Wieland-Blöse new Spokeswoman of the Board of Grant Thornton

Organisations and the self-employed who regularly commission creative or publication services shouldn’t forget an important deadline at the turn of the year – reporting their social insurance contribution for artists for 2024. The contribution deadline is 31 March 2025. In this post we tell you what you need to look out for to comply with your contribution duties properly and on time.

The rules on the taxation of profit and loss from foreign currency transactions are being changed according to the Federal Ministry of Finance Circular of May 2022. It should be assumed that starting from tax year 2025 the tax authorities are going to start looking more closely at foreign currency balances. What does this mean for investors, and what needs to be done before the end of the year?

Companies must protect data even better. There is the risk of action for damages if data subjects lose control of their personal data for even a short while.

After resolution in the Bundestag on 18 October 2024, the Bundesrat, the upper house, approved the Annual Tax Act 2024 (JStG 2024) on 22 November 2024. The Act should now be promulgated shortly. Below, we let you know about selected changes to business taxes.