CATC-HCC Newsletter

February 2020

Below are some highlights for this month. If this newsletter was shared to you, and you would like to receive it to your inbox, please subscribe here.

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CATC-HCC Newsflash: Income Tax Rate Reduction!

Reduction of the income tax rate when surrendering pensions that have been accrued in their own company. The Minister of Finance, Economic Affairs, and Culture recently issued the policy in which Directors with a substantial interest of shares in a company and who have accrued a self-administered pension in that company are now able to surrender this pension at a reduced income tax rate. Read more here.


Deadline Extended to 30-JUN-2020

Submission of the summaries of wages 2019 and summaries of payments to third parties 2019.

Source: www.impuesto.aw



Tips for Cash Flow Management

CATC-HCC is here to help every business succeed with establishing an effective cash flow management plan tailored to fit your business’ specific goals and needs. We’re here to help. Read more here.


For all of the latest news and updates from CATC-HCC, please refer to our News page.