Home » Economy » Reducing Bankruptcies: The Impact of Salary Costs in Construction, Trade, and HoReCa Sectors

Reducing Bankruptcies: The Impact of Salary Costs in Construction, Trade, and HoReCa Sectors

2023-08-20 09:35:50

Construction, trade and HoReCa, three sectors of activity which alone account for more than half of bankruptcies. This is not a big surprise, however, when you look at the statistics from previous years. In terms of explanations, salary costs are singled out. And while human talent is essential, it comes at a significant cost. Especially since for many companies the automatic indexation of wages has not helped.

To get out of it, the Horeca sector is calling for a reduction in social security contributions for all establishments equipped with a cash register system which should help the authorities to better fight once morest VAT fraud in the sector.

1692535703
#social #contributions #fight #bankruptcies

You may also like

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Adblock Detected

Please support us by disabling your AdBlocker extension from your browsers for our website.