Month: November 2018

Australia changes Victoria’s long service leave

Changes to Victoria’s long service leave (LSL) statutes take effect 1 November 2018. The changes provide greater flexibility to women, families and employees transitioning to retirement. The service period for entitlement to LSL has been reduced from ten years to […]

Hungary

Hungary reduces tax advantages for many benefits in kind

Hungary will reduce or eliminate the tax advantages for many fringe benefits beginning 1 January 2019. This is a significant development as employee benefits in Hungary have historically been structured as cafeteria-style programs because of the tax favorability of such […]

France

France to implement pay-as-you-earn income tax withholding

After some delay, the French government will require employers to withhold income tax from employees’ earnings on a pay-as-you-earn basis starting 1 January 2019. This will be a significant change for both employers and employees, as income tax is currently […]

Denmark

Danish annual leave accrual changing in 2019

Update: Effective 1 September 2020, Danish employees will be able to take holiday in the year of accrual, including their first year of employment, instead of waiting to take leave in the following year. The change takes effect for financial […]