Government incentives has been saved
Perspectives
Government incentives
Limiting the impact of the crisis
Governments have put in place different incentives to assist companies to get through this crisis. Providing relief to the people and companies that are most affected is welcome, but how does an organisation make the most of it?
Economic relief plans
The incentives can be divided into short term (e.g. payment terms extension and unemployment measures), medium term (tax incentives, subsidies and loans), and long term solutions (cash funding and other financing assistance).
Deloitte’s multidisciplinary approach (tax advisor, subsidy specialist, finance expert, …) enables us to advise organisations on how to effectively apply these incentives and to optimise their effects.
We serve small start-ups as well multinationals in Belgium but also all over the world thanks to our unique network of specialists.
It is important for organisations to be aware of the government COVID-19 incentives and apply them effectively to mitigate the impact of this crisis. Uncertainty requires action to recover and thrive.
Recommendations
Deloitte Tax Atlas – DST
A global view on Digital Services Taxes