Financial Education - Compliance with parafiscal contributions to avoid temporary closures

in hive-175254 •  4 months ago 

In relation to what was stated in my previous post and based on the informal interviews conducted with accountants of companies in the world, it is presumed that this situation arises because the company lacks an efficient compliance with the parafiscal contributions due to the lack of procedures in the process of systematic updating of its payroll.

Source ( auxadi )

Therefore, there are irregularities in the calculations for the payment of the contributions of both the employer and the workers before the Social Security, Training, Education and Housing Institutes.

In reference to the aforementioned, it is important to point out that if the company under study continues to present such failures, it would result in the non-compliance of the legal regulations in force, causing tax evasion with completely idiosyncratic characteristics.

Generating penalties and interest in arrears, loss of time in the management of administrative procedures and loss of monetary resources; which over the years becomes a structural problem for the taxpayer with economic and social consequences, coupled with the deterioration of services including: health, education, and social security.

Source ( economipedia )

By virtue of all the above, it becomes evident the need to analyze the tax culture of Ingeniera y Servicios and its incidence in the compliance of the parafiscal contributions, with the purpose of recommending the pertinent corrective measures for such process, with the purpose of avoiding temporary closures of the establishment, as well as moratory interests, fines and sanctions by the parafiscal organs.

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