Individual income tax The highest marginal tax rate applicable for individual tax residents in Colombia is proposed to increase from 39% to 41%. This would apply to individuals with annual taxable income exceeding 31,000 tax units (approx. US$365k). The 1% deduction for purchases supported by electronic invoicing is proposed to increase to 5% in 2025, […]

The rewards of a cross-border assignment can be many for expatriate employees and their accompanying family members, with new environments, cultures, colleagues, and customs to explore. But they can also pose unique challenges that, without proper preparation, can cause serious anxiety, stress, or financial hardship. The need for urgent medical treatment can be one of […]

As countries continue to emerge from the Covid-19 pandemic, parents around the world are returning to office working. At the height of the pandemic many nurseries were closed and parents were juggling remote working with childcare at home. Despite the rise of hybrid working patterns, parents increasingly need to budget for the cost of nurseries […]

Portugal, known for its picturesque landscapes and rich cultural heritage, is witnessing a significant upheaval in its housing market. Over the last five years, housing prices have surged by more than 50%, primarily in major metropolitan areas. In this article, we will explore the driving factors behind this surge and its implications for both buyers […]

What workers think and feel about work is changing, and this impacts employers profoundly. Technology advancements, social change and the pandemic have all had a hand in transforming the way people work and their identities as workers in recent years. If employers don’t stay engaged and connected to employees, they risk losing touch with the […]