Finance

What is Financial Assistance?

Difficult situations may arise in the life of every hired employee when additional support is required. In other cases, the Company may financially encourage employees for “positive” reasons. In such cases, financial assistance comes to the rescue—a type of social support that many companies provide. The Company can provide financial assistance to employees in various […]

By Spex Team
08.10.2024
10 Best Freelance Jobs That Pay Well: A Complete Guide

Freelancing has transformed the modern workforce, providing a flexible and lucrative career option for millions worldwide. Gone are the days when the traditional 9-to-5 was the only option. Today, people are embracing freelance employment, which allows them to take control of their work schedules, income, and professional paths. From freelance writing remote jobs to data […]

By Spex Team
10.09.2024
The Bank Does Not Make Payments: What to Do?

In today’s world, financial transactions have become an integral part of our daily lives. However, sometimes we encounter unpleasant situations when the Bank refuses to make payments. This can happen for various reasons, from technical failures and incorrectly entered data to suspected fraud or lack of funds in the account. This situation can cause stress […]

By Spex Team
27.08.2024
Liability for Tax Evasion in Belarus

The issue of taxation always occupies an essential place in financial relations between citizens and the state. In Belarus, as in other countries, compliance with tax legislation is not only the right but also the duty of every citizen. However, individuals’ non-payment of taxes can lead to severe consequences. In this article, we will look […]

By Spex Team
20.08.2024
What is the Tariff Plan / Rate?

In the world of information technology, the tariff schedule and the rate can be essential in determining employees’ salaries. The tariff schedule is a system of wage levels that determines the salary based on the employee’s qualifications, work experience, and professional skills. The rate is a specific numerical value that indicates the level of wages. […]

By Spex Team
01.08.2024
Payroll Fraud: How to Minimize the Risk to Your Business

Payroll fraud is a critical issue that can affect businesses of all sizes. It involves the manipulation of payroll processes and records to unlawfully acquire funds, often resulting in significant financial losses. This article explains what payroll fraud entails, its various types, the dire consequences businesses face when it occurs, and effective strategies to prevent […]

By Spex Team
17.07.2024
Is it Possible to Pay a Salary Through Paypal

Certain restrictions and difficulties arise when using payment systems such as PayPal in a number of countries. In Belarus, issues related to the use of PayPal remain relevant for employers and employees. This article consider the possibility of using PayPal to pay salaries in Belarus and the specifics of this process. About the PayPal payment system […]

By Spex Team
04.06.2024
How to Use the Currency and Not Break the Law

When using currency, it is necessary to strictly comply with the law to avoid violations and fines from government agencies. This article will look at how companies and individuals can use currency correctly and not violate the law, observing all the necessary rules and conditions. Features of settlements in Belarus The official currency of settlements […]

By Spex Team
28.04.2024
When the Tax Service Requires to Report on the Income

Failure to confirm sources of income can lead to tax audits and fines. This article explains when the tax service may require reporting on sources of income and how to prepare properly for such a request. What applies to income, expenses and property Income of individuals The income of individuals received from other persons, including […]

By Spex Team
24.04.2024
What is a Credit History?

Obtaining a loan is commonplace for doing business or individual needs in Belarus. This action has its own peculiarities. One of them is a credit history. This article examines credit histories, how they are formed, why they are needed, and how they can be improved. What does the law say? Credit histories are formed based […]

By Spex Team
10.04.2024
The Pros and Cons of Payoneer when Paying Salaries in Belarus

To receive the earned money from foreign customers, people in Belarus are choosing online payment systems. One of the most popular tools for receiving salaries has become the Payoneer payment system, which provides convenient ways to accept payments in some cases. This article talks about the specifics of working with Payoneer, which payment systems can […]

By Spex Team
29.03.2024
How to Work with MIR cards. Is it Possible to Get a Salary on them

The international payment system Mir has gained popularity in the post-Soviet space over the past 10 years. Questions arise about the possibilities of international settlements and salaries being received on the cards of this system, about the use of the MIR card in Belarus and abroad. Spex Advisers specialists explain the features of MIR cards […]

By Spex Team
26.03.2024

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