Grant Thornton Luxembourg April Data Protection Newsletter - We share clear and practical insights on the latest developments in data protection, AI, and tech regulation, helping you stay informed and compliant in this ever-changing digital landscape. Whether you manage compliance or simply want to stay safer and better informed online, this newsletter is for you.
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It's time to optimise your employees' bonuses! Participative premium, interest subsidies, pension plan, young employee bonus... There are several systems that allow us to optimise the payment of your bonuses.
The annual income certificates for the 2025 financial year are now available. They include all remuneration paid as well as deductions made during the past year. These documents are essential for drawing up tax returns, whether in Luxembourg or, where applicable, in the country of residence of the employees, especially for cross-border workers.
Social parameters and other new features - What changes on 1 January 2026. Learn more on the new pension reform of 19 December 2025, the management of electronic certificate of incapacity for work, simplified procedure for profit-sharing bonuses, tax relief in case of sharing child benefit in cases of shared custody and more...
Specific social security obligations apply to non-resident employees who perform all or part of their professional activity outside Luxembourg. To ensure optimal management of these formalities, our dedicated team is available to assist you at every step of the process. We will support you in fulfilling your administrative obligations, ensuring that all procedures are carried out in full compliance with the relevant authorities.
2024 Income tax returns: The forms are now online.
As part of the drive to enhance payment security and in order to meet European regulatory requirements, banks will implement the Beneficiary Verification Service (VoP) starting on October 9 for all euro payments made within the SEPA area, including those processed via MULTILINE.
Following the monthly meeting of the Index Commission, the STATEC has confirmed the triggering of a new salary indexation as of 1 May 2025. The applicable index increases to 968,04 points (instead of 944,43 points), resulting in a 2.5% increase in wages, salaries and pensions.
Risking double taxation or losing your social security system? Never! How to avoid it: Closely monitor your employees' social security and tax thresholds.
2024 Co-funding applications are fast approaching! As the application deadline is 31 May 2025, we are here to assist you throughout the process.
On 17 July 2024, the Luxembourgish government announced a list of new measures designed to boost purchasing power, with effect from 1 January 2025. The announcements below are still in draft form and have not yet been definitively implemented.
As already mentioned in our previous newsletters, we would like to remind you that for your non-resident employees, mandatory social security formalities must be completed with the authorities in the countries of residence concerned.
Don't let the stress of tax returns overwhelm you. Leave your duties to us and enjoy the peace of mind you and your employees deserve.
Adjustment of tax brackets and tax credits - The legislator has adjusted the income tax scale by 4 indexed brackets, with effect from 1st January 2024. This will result in tax reduction for all taxpayers.
It's been five years since the last elections! The next social elections for companies with more than 15 employees will take place on 12 March 2024. While the process is set out in detail in a draft ministerial decree, it's important to remember that there are a lot of things that need to be done, requiring resources, time, and technical skills.
STATEC has confirmed, on Wednesday 30 August, the triggering of a new salary indexation as from 1 September 2023.