What is the CICE and who is it for?


The CICE is the Tax Credit for Competitiveness and Employment. For accountancy training Best school of accountancy In Pakistan. It is intended to allow companies to invest, prospect, innovate, recruit or restore working capital. It is accessible to all companies employing employees. Focus on this particularly interesting tax credit.
Who can benefit from the CICE?
All companies employing employees and being taxed) IS (Corporate Tax) or IR (Income Tax) can benefit from the Tax Credit for Competitiveness and Employment. It should be noted that companies whose profits are exempted on a transitional basis may also qualify.
The calculation of the break-even point
In order to determine a company's break-even point, it is necessary to be able to estimate the costs and the estimated turnover.
For loads, it is important to differentiate:
Fixed charges which are independent of changes in activity. This is the case, for example, for rent, payroll, telephony or insurance
Variable expenses that vary according to the company's turnover. This is the case for the cost of purchasing products sold or subcontracting costs
With this known data, it will be necessary to determine the rate of margin on variable cost of the company from the following calculation: (Forecast turnover - Variable expenses) / Variable expenses
The break-even point can then be calculated as follows: fixed costs / margin rate on variable cost.

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