Understand the payroll requirements of Luxembourg

Payroll in Luxembourg

7 CPD hours

1 day

The Duchy of Luxembourg may be a small country but it sits at the heart of Europe. Home to several key European institutions, and with generous company taxation rules there are plenty of reasons why your company will be operating from Luxembourg. The payroll rules in Luxembourg are comprehensive, and even if you are outsourcing your payroll there you need to know the basics in order to manage the outsourcer effectively. Our one day course on Luxembourg will provide you with a great overview of all the rules and procedures.

Who This Course Is For

This course equips you with essential management knowledge to take a decision as to whether or not to outsource or have a local team running payroll in-house in Luxembourg.

What You’ll Achieve

Delegates will gain an understanding of local payroll legislation and how to compliantly manage an in-house or outsourced payroll provider in Luxembourg.

Set up of ACD and RTS offices
Tax residency rules
Tax classes and impact on Tax Card
Starter process
Employee claimed tax deductions
Secondary employment
Tax free expenses
Cheque Repas
Calculating net taxable income
Valorising Benefits In Kind
Travel deductions from taxable income
Tax credits
Tax rates
Example tax calculation
IEBT temporary tax levy
Taxation rules on overtime payments
Submitting form 950 FD electronically
When to pay ACD
Leaver processes
ECSP annual return

Set up of CCSS
New employee registration
Social security card
DECAFF process
Different insurance schemes
Contribution rates
Contribution caps
Assessable income
Contribution calculation
Monthly DECSAL report
Other declarations (SALMAN, SALRET etc)
CCSS statement and contribution bill
Leaver process
Annual check on contribution liability
Special groups (students, interns etc)

Pension arrangements (state and company)
Court orders
International employees
Double Taxation Agreements
EEA rules on social insurance – temporary assignees and multi state workers
Luxembourg bilateral social security agreements outside of EEA
Posted workers directive
Expatriate employee tax concessions
Employment law – code de travail
Contract forms
CBA’s and Works Committee’s
Working time and overtime
Minimum wage
Annual leave – calculation of payment and entitlement
Public holidays and special paid leave
Leave registers
Sick leave
Maternity and adoption leave
Parental leave

From

£702.00 +VAT

Identify all key jurisdiction deadlines
Understand the penalty regimes and the consequences of getting it wrong
Have a detailed understanding of the scope of service you are purchasing from an outsource partner
Understand how to keep up to date with changes in country, and be able to challenge your outsource provider to ensure such changes are made
Identify what information you need to pass to the outsource partner and why you have to provide it