Higher taxes on lease and rent detrimental to SME 23. May 2006 by Thomas Jannot With about 50 billion Euros the leasing industry is the biggest investor in Germany. As was reported by the dpa subsidiary news aktuell, the chairman of the Bundesverbandes Deutscher Leasing-Unternehmen e.V. (BDL), Mr. Horst-Günther Schulz, strongly criticized the plans of the Federal Minister of Finance, Peer Steinbrück, who wants to increase trade taxes on lease …
5 strategies for SME as recipes for the way to success 22. May 2006 by Thomas Jannot A concise cookbook for the success of small and medium-sized entities (SME) is the „Innovative future – strategies for SME winners in 2006″ survey, which was carried out by Ernst & Young in co-operation with the F.A.Z. institute for management, market and media information.
SME turn attention to Business Intelligence 22. May 2006 by Thomas Jannot As is reported by the IDC, small and medium-sized entities (SME) are increasingly interested in so-called Business Intelligence, a software which transforms operational data into knowledge on the basis of which business decisions are made. According to the IDC survey, the German market for such software is growing by approx. five percent annually and will …
Emails have to be stored for tax audit 20. May 2006 by Thomas Jannot The latest edition of the Computerwoche magazine draws the attention to a weak point of many companies: Although emails with tax relevant contents, just like the relevant paper documents, have to be stored for 6 years (for data which refer directly to accounting entries or year-end financial statements this period is even ten years), there …
IFRS accounting unavoidable for SME in the medium-term 20. May 2006 by Thomas Jannot At the convention of the Federal Association of Accountants and Controllers (BVBC) which is currently taking place in Suhl, Germany, Mr. Uwe Jüttner, chairman of the association, expressed himself on the introduction of the so-called International Financial Reporting Standards (IFRS ⇒Wikipedia) which draws nearer also for small and medium-sized entities (SME). He stressed that although …
There is still potential for electronic procurement of SME 19. May 2006 by Thomas Jannot According to an old merchant´s saying cost-efficient procurement is the best way for companies to save money. As was reported by the Federal association for material management, procurement and logistics e.V. (BME) at the “e_procure & supply” expert fair in Nuremberg, companies using tools for electronic procurement on average save between 15 and 30 percent …
Jurisdiction on pension schemes to be corrected 19. May 2006 by Thomas Jannot As was already reported by MittelstandsBlog.de on several occasions before (March 3rd and April 4th), there was the danger for self-employed managing-partner directors of private limited companies of having to pay retroactively contributions to pension schemes. These payments, according to many experts, would have had business threatening effects on small and medium-sized companies.
Budget committee approved VAT increase 19. May 2006 by Thomas Jannot As was announced by the news service of the Lower House of German Parliament, on Wednesday, 17th of May 2006, the budget committee among other things approved a VAT rise from 16 to 19 percent from January 1st of 2007. After having discussed the draft by the Federal Government on the accompanying budget law 2006 …
T-Mobile created innovation award for mobility of SME 17. May 2006 by Thomas Jannot T-Mobile in co-operation with the Markt und Mittelstand magazine confers for the first time this year the »Innovationspreis Mobilität Mittelstand« award. This award is to promote examplary concepts and applications of mobile phone technologies for the work process optimization in small and medium-sized companies. There is only one precondition:
Sponsoring programme Pro Inno II will be relaunched for SME 17. May 2006 by Thomas Jannot For this year the Federal Government is ready to make available 150 million Euros for the technological sponsoring of small and medium-sized entities (SME) from the PRO INNO II programme set up by the Federal Ministry of Economy and Technology (BMWi). This amount represents an increase by 50 percent as compared to the year 2005. …