Almost every company organises events for both its employees and its business partners. The annual Christmas party is probably the most popular event in terms of benefits-in-kind. Likewise, benefits in the form of gifts are standard practice. These can represent taxable income for the beneficiaries.
As a matter of principle, companies are also required to record, document and, where appropriate, pay tax on grants, even in the case of possible flat-rate taxation pursuant to Section 37b EStG [German Income Tax Act]. The same applies to material gifts to employees and business partners.
In order to keep documentation coordination and workload to a minimum, we have developed the web-based WTS EVENTmanager from WTS. With this tool, relevant data is recorded and processed for tax purposes. In this way, benefits such as company parties, customer events and gifts can be documented, taxed and applied efficiently and safely.
Our experienced experts provide comprehensive advice on individual project planning and implement WTS EVENTmanager in the company’s existing IT infrastructure. We also support and accompany you in all further process steps.
Do you have any questions about our services or WTS? Please let us know. Please fill in our short contact form. We will get in touch with you as soon as possible.