Supplies and other expenses
We inform you of the consequences of BREXIT on provisions and other expenses
Article 14 of the LIS , which regulates provisions and expenses in section 2, establishes in which cases expenses related to staff remuneration through defined contribution or defined benefit systems will be deductible. Plans and pension funds. In this sense, the contributions made by the promoting companies provided for in Directive 2003/41/ EC to occupational pension funds authorized or registered in another Member State are considered deductible, provided that they are meet certain requirements.
From January 1, 2021, it will be necessary to take into account that making contributions to UK employment pension funds, to the extent that, if contributions could be made, as it is a financial matter, it will not be considered deductible expense.