Beyond the salary: 6 rules on the managing partner’s benefits
Health insurance, a pension plan (PPR), childcare vouchers, a car, a phone or training: the company can pay for much more than the salary. Some of these benefits pay income tax, others pay no Social Security, and some pay nothing at all. In a company where only the managing partner is paid, the rules change.
Travel allowances and mileage: 5 rules for paying the managing partner’s business trips
When the managing partner travels for work, the company can cover the costs free of income tax and Social Security, within the legal limits. Above those limits, or without the right paperwork, the amount is treated as salary.
Shareholder loans (suprimentos): 5 rules for lending money to your company
When the business is starting out, needs to invest or has a tight month, it is common for the partner to put money into the company. Done as a shareholder loan (suprimento), it is exempt from Stamp Duty and the money comes back to the partner free of income tax. But there are rules, and the question of interest deserves attention.
The company’s money is not the partner’s: 5 rules to avoid paying tax twice
Taking cash out of the company account or paying for groceries with the company card can look harmless, especially when the company is all yours. For the Tax Authority, it may be a profit distribution: the same amount pays corporate tax (IRC) in the company and 28% income tax (IRS) for the partner.
Managing partner salary in 2027: 4 rules for the new year
The minimum wage rises to €970 in January. It’s the right time to review the managing partner’s salary: what it costs the company, why it is still free of IRS and how to pay more with no deductions.