Grass Gruppen selected FMS again
Grass Group AS has been a customer of FMS since 2006, but decided in 2009 to switch to another local player as a total supplier of financial services. Election of new service provider was based on a larger company would be a better and cheaper solution for them. After 3 months they decided to come back to the FMS. They had during that time understood what delivery meant, something they have always received from FMS. We are very happy for the decision and we are proud that our supplies are better than what our competitors can offer.
GBS 15 on retention of a mandatory financial reporting by reporting to the Altinn is published
Good accounting practice statement on the use of Altinn as storage of required financial reports are published. This concludes that the storage requirement for mandatory reporting is handled through reporting in Altinn.
New Homepage
New website that you now see was launched 11 May 2009. We will continuously develop the site and hope to receive feedback on what you feel good and what possibly could be improved. Thank you for your any tilbakemlding.
New VAT form - submit unsent tasks within 16.3
Replacement of VAT forms in Altinn allows all tasks that are under work (not submitted) must be submitted by 3.16 at 14.00. After outages lasting from the above date at 17.3 at. 08.00, one must use the new form. The old unsent will be s ...
Can the bankruptcy of a NUF?
The NUF considered to have its principal place of business in Norway, the bankruptcy.
Documentation of cash sales in the taxi industry
Tax Directorate has issued a statement concluded that the taxi industry is obliged to document each purchase transaction (summeringsstrimmel / cash register roll). It should be noted that the sales documentation, other records may be stored electronically.
Positive mention of accountants
Accountant receives positive mention in connection with changes in the audit requirement.
Positive mention of accountants
Accountant receives positive mention in connection with changes in the audit requirement.
Compensation for VAT - shelters and law on municipal shelter services
In a letter dated 9 December 2010 from the Directorate, it is assumed that private or non-profit organizations that provide shelter services are not entitled to compensation for value added tax for compensation Act § 2, first paragraph c.
BFU - questions about the business of leasing of land
One participant compared company was restructured through multiple transactions, where a subsequent conversion should be included, and submitting raised the question of whether conduct employment today ran the business.
Judgement in the Supreme Court - Termination of probation
Supreme Court 24 January 2011 ruling on whether the dismissal was valid. The employee was within the trial period in custody for four weeks, but was later acquitted. The ruling is interesting because it shows how strict employment protection is.
Opinion of the Tax Directorate regarding the order of the tax credit
Tax Directorate on the basis of inquiries concerning the interpretation of the Tax § 16-22 regarding the order of credit, issued the following statement 1 April 2011:
Tax havens - the tax authorities offer tax amnesty
Despite the fact that many former sinners have reported wealth and income abroad is evidence to suggest that the use of tax havens is a growing problem.
Accounts - 1065 can be forcibly terminated
As of 1 April 2011 the Register had still not received statements for fiscal year 2009 from 1,065 equity and public limited companies, building societies and cooperatives. These are now in danger of being forcibly terminated.
Problems with RH-1088 in Altinn
The task Shares and equity certificates (RF-1088) is not available in Altinn due to an error situation in the form. According to the Tax Directorate, the task is expected to be available again from Tuesday 12 April at. 12.
If you apply for compensation of the VAT costs for an NGO?
Application for Gaming Authority is 15 August. Deadline for submission of the auditor's report is 1 September. Before the deadline, to some, be required to register with the Voluntary Register.
Voluntary audit - make wise choices!
The upcoming leniency from the audit requirement means that the smallest limited companies should make a thoughtful choice: Should it continue to have an audit, or not?
Not allowed to look the same outline as both group and intra-group transfer
The same outline can not be treated both as a group and as an intercompany transfer.
Easier to manage customer subscriptions for Accounting & Finance
Many member agencies have signed customer subscription to the journal Accounting & Finance.
Voluntary revision comes into force on 1 May
Exemptions from audit for small limited companies are sanctioned by the Cabinet today. The entry into force is set to 1 May.
Status of the audit issue
After Parliament's first hearing of the case is likely to leniency in the audit requirement for the smallest joint stock companies may be finally adopted on 15 April.
SFK selected FMS again
Support Association for People with cancer - SFK have been a customer of FMS since June 2007. We have since controlled the economy through the use of the company's computer systems and was the company accountant. Earlier this year chose SFK to hire himself as part of efforts to streamline operations and save costs. This has been a useful experience for the enterprise, today signed a new contract with FMS. We assume now the entire finance function and will now run on the FMS's own systems. SFK expects to achieve greater efficiency gains with this decision. General Manager (right ... Read more
Evaluation of Tax Reform - evaluation of each proposal
The Government has considered several proposals that are intended to favor certain groups or purposes, including a system of share savings account, deposition scheme for an individual enterprise and the wealth tax exemption for so-called working capital.
Supreme Court - the deadline for changing the equation
The State was successful in that three year period in the Assessment Act § 9-6 No. 2 closed for assessment of tax due to losses by fraud.
Evaluation of Tax Reform
The tax reform was implemented in 2006. Now is the result of the evaluation, which according to the government shows good results of the reform.
New reporting system for salary payments in 2014?
The new system means that the wage and tax duties, term assignments, track bulletin, message to AA-register and the form of wage disappears.
NOK 10 000 limit - salaries
In a parliamentary question 30 April 2011 it was pointed out that difficulties are created because many will have wages paid in cash and the banks refuse to open accounts for 3-4 weeks of engagement.
Proposed changes to the rules on tax-free reorganization
Among other things, proposed to relax the requirement that a merger or demerger is lawfully conducted by the company and accounting legislation. In addition, it is easier to rearrange the border.
Altinn available to all, but is slow
It may be worth investing some time to register multiple business systems in Altinn.
Home of the food
Some self-employed who operate a sole proprietorship has an office address of residential address and not renting external premises for business.
Altinn down - are still searching for the error
Out of all inertial portal has had since November, is unfortunately the problems are not surprising.
From fixed rates for current interest rates on underpaid and overpaid
Beginning with tax settlements in 2011 (for fiscal year 2010) increases the number of tax for employees and retirees from two to four. In this connection, it also introduced a new way to calculate interest rates on overpaid and underpaid on.
Finance Committee on a voluntary audit
As expected, goes Finance Committee in its report 24 February in order to adopt access for small companies to opt out of the audit. Limited companies are the parent company of the group are not included in the exemption.
Halliburton verdict - lagmannsrettsdom about deduction guide to VAT
A company claimed deduction of input VAT related to expenses to bring employees from their residence to the helicopter terminal.
Social security - new routine of interaction in international area
NAV and the Tax Administration has a number of challenges in the international area, particularly at the interface between the agencies. To improve cooperation, the agencies jointly developed a new routine that covers all interactions at the international area.
The Government's action plan against economic crime
The action plan includes measures to combat tax crimes. A threat assessment from ØKOKRIM ranks tax crimes such as economic crime type that pose the greatest risk to society and citizens.
Residential property - special rules for asset valuation of multi-residential building in Norway
In this article you can read about how to calculate the taxable value for multi-residential building. You are in the equation the value of residential property in the tax return or corporate assignment.
BFU - dividend taxation on bias
It was questioned about the bias of the proceeds from the Global Ltd. to Norway AS, resulted in dividend taxation of shareholders who did not receive the dividend at this ceremony.
What determines how a company is tax resident
When determining where a foreign company is resident, it is not sufficient to examine how it was formed (recorded).
The message of the equation for the fiscal year 2010
The message contains an overview of the major tax changes, and news for fiscal year 2010. Topic division follows in essentially the same systematics as Tax-ABC.
Differences between the property value tax in 2011 and 2010 tax returns
The value of the tax card is based on sales figures from 2009, while the tax return is based on sales figures from 2010.
Notice of downtime Altinn
Altinn will be closed from Wednesday 16 March 17:00 to Thursday 17 March at 08.00 due to necessary maintenance and repairs.
Finance Authority's annual report for 2010
In 2010 it was authorized 807 new accountants and 200 new accounting firms. This is an increase from 2009 when it was authorized 693 accountants and 183 accounting firms. A total of 9260 authorized accountants per 31.12.2 ...
Attitude Conference 2011
Cooperation Forum on underground economy holds 15 March conference "Drip of black - stop the leak!"
Finance Minister answers questions from the Labour Party's parliamentary group concerning the exemption from audit for small companies
The questions apply to audit the parent companies, enterprises under the supervision fravalg audit directly to the memorandum, the selection of auditors when the conditions no longer satisfied and the details of the auditor and accountant in the Register.
Appeal of tax - automatic submission of draft resolutions
Tax prepares matters to be decided by the Tax Appeal Board. In this connection, prepares the tax office a written proposal for decision. Taxpayers will henceforth automatically be sent to this draft.
The Tax Administration's accounting controls - 2010
The Tax Administration's accounting controls uncovered tax evasion for 13.5 billion in 2010.
Tax Directorate skattelovforskrift - valuation of buildings with multiple units
Tax Directorate has issued regulations which provides that residential building with 5 or more units that are rented out for commercial purposes shall be valued at the sum of the calculated value for each unit.
Inflation measurement from Statistics Norway - the strongest price growth for business consulting and accounting services
Statistis sentralbyrå report that the prices of corporate advisory services was 4.9 percent higher in 2010 than in 2009. For the financial services prices rose by 4.2 percent.
VAT - provision of insurance services
How limited tax exemption for the provision of insurance services to taxable services relating to the operation / management of the insurance company?
Calculator for the assessed value for non-chartered Norwegian commercial (RF-1098)
Now the Tax Administration launched the calculator gives you the tax value and the values that must be collected from the tax authorities when you fill in RF in 1098 (all delivery forms).
FMS hires two new employees
FMS is expanding and has hired two new employees. Camilla Lindgren and Mona Seem started 15 February and will strengthen our team with a solid financial experience despite his young age. Mona is trained as an accountant and Camilla are trained as accountants.
VAT - when the alternative treatment exempt from value added tax obligations
What it takes to sell an alternative treatment without VAT is calculated?
Supreme Court - the return of deductions taken input tax (Invexdommen)
The court took a position on whether a company who bought a stock that was mortgaged, should receive a deduction of input VAT when it was clear that the output tax would be paid.
Limited companies etc.. who own property
Limited companies etc.. who owns property should report the details of this in the RF-1028 tax return for the corporation, etc..
NOK 10 000 limit - which costs covered by Tax Law § 6-51
1. January 2011 came new provisions in the Tax Act § 6-51 and the VAT Act § 8-8 in power.
Still possible to reach production of the share tasks
Taxes Directorate says that if the RF-1086 Register of shareholders report submitted by Saturday morning, will share duties could be produced.
Auditing case - input to the Finance Committee
NARF has asked the Finance Committee consider the audit requirement for limited liability companies is the parent corporation. In our view, should thresholds apply here, too, on a consolidated basis.
Black labor is transmitted
It shows a recent survey among 15 to 30-year-olds about their attitudes to and experiences of black labor. The survey is made of Perduco for cooperation against the black economy (SMSØ).
Altinn downtime alerts
Altinn will be unavailable from Friday 11 February at 16.00 to Monday 14 February at 08.00, due to necessary maintenance and repairs.
Changed rules for determining rates for business travel at home and abroad
In connection with the submission of the State Budget for 2011 it was decided that the tax rules for travel allowance, etc.. disengaged from the "government rates".
Voluntary Audit - questions about Prop. 51 L (2010-2011) changes in accounting principles
The Progress Party's parliamentary group set in a letter dated 26 January 2011 issues related to Prop. 51 L (2010-2011), which deals with exemptions from audit for small limited companies.
Reduction of share capital to NOK 30 000
From 1 January 2012 is the requirement of minimum share capital of limited companies decreased from £ 100,000 to £ 30,000. Paid-in capital can be used to cover expenses for the foundation of the company. Also financial institutions - not just auditors - can confirm that the company has received the paid share capital. Opening balance must still be confirmed by the auditor. The latter we believe to be an oversight which we assume will be corrected when the other proposals for simplification of the Companies Act will be presented.
NOK 10 000 limit - questions and answers about the interception of the deductible if payment is not made by bank
NARF receives many inquiries about how the new rules on interception of tax deductions and tax deductions to payments which are not made by bank to be understood. This article has been updated with some new definitions.
Extended deadline for delivery of RF-1086
Companies that have not yet delivered Register of shareholders report for 2010, still has the ability to deliver the task so that it is produced 'Statement of shares and equity certificates (RF-1088) "for the company's shareholders.
Albatross Project AS selected FMS
The company is a major consulting company focused on oil-related activities. The company has a strong focus on financial management and selected FMS after 10 years of collaboration with another accounting firm on the basis of geographical proximity, good technical solutions and competent staff. We want the company with its 2 subsidiaries welcome as a customer. Påbildet stated CEO Per-Erik Horsle left the chief executive Frode Berge in FMS
FMS has now established a branch in Namsos
We are now working with our national establishment and Namsos office is in place as the first location outside the Oslo area. To succeed in establishing in rural areas is important with skilled staff who can take advantage of our system solutions centrally. Hege Bjørsvik has worked many years at our main office at Fekjan in Asker and is an accomplished accountant who has grown a lot with the task as primarily responsible for our largest customer, which is a shipping company based in Singapore. She wanted to move home to Namsos and it was natural ... Read more
Requirements for the numbering of documents for electronic storage
Tax Directorate estimates that there are several numbering solutions may be appropriate where documents are stored electronically.
FMS seeks new team member
Our work load is increasing and we are currently seeking a skilled worker in Fekjan that can assist with their financial expertise. The tasks will be accounting and reconciliation of work where tasks primarily performed in our office on Fekjan, but the mission out of clients and can be expected. Our new employee will be part of a team of competent, committed and includes individuals with a focus on customer satisfaction. See the attached advertisement published in local newspaper Budstikka Thursday, October 29 and Saturday October 31. PDF , Finn.no
Customer Letter June 2009
Financial Crisis and the summer ...
Normalized risk appetite and a monetary and credit market that works better is good sign for the economy. A bad sign is a bankruptcy statistics have stabilized at a high level. Whatever it is important to closely monitor developments in the economy. Remember that your accountant is with useful knowledge about the economy, taxes and duties, while he knows the key figures in your business. Accountants can thus be a useful advisor and sparring partner.
When the month of July is over and most of us return to work, there will again be time for mandatory reporting to the public. In ... Read more
Deferred income tax return deadline of 15 June for limited companies
As a result of the status of tax return filing has NARF requested the Directorate to provide limited companies more time to the tax return filing.
Besides that some accounting firms are facing a challenging final stage of the production tax return, we get feedback that many accountants are struggling extra this year.
This is due not least the new and late adopted rules for asset valuation of leased commercial properties. The problems these policies have resulted in the infected
over the rest of the production of tax returns for limited companies.
Directorate of Taxes 27 May 2009 decided to accommodate the request, so that companies providing tax return by 15 June 2009 is not imposed on late delivery penalties.
Tax Directorate expects ... Read more
Passing control from NARF
We have now been through an exciting year for the company, and we thank you for the excellent cooperation we have developed together. We have seen good growth in turnover and staff and we hope that you have been satisfied with our deliveries. We are now a team of 15 people who want to contribute 100% sure you will be satisfied as a customer in the future. If there are tasks we can perform better for you as a customer, we would like to have feedback on this and my e-mail address is then available.
Norwegian Special Mission AS selected business navigating from FMS AS
The system is installed and used for budgeting, forecasting and reporting of projects.
"Norwegian Special Mission AS, was founded two Develop manufacture and support technical mission equipment for airborne applications. The company is a 100% Norwegian private share holding company with strong financial standing "
The picture emerges managing director Tom Sverstad left, with President Piero Ferrari in Ferrari Automotive and Chairman of Piaggio Aero] Read more about ... Read more
Findus selected FMS in 2010
We now have cooperated with Findus to contribute to strengthen their finance function with 2 employees. We have now expanded its partnership with 3 people and the agreement is extended to 2010. Our strength has been providing highly qualified employees and we look forward to seeing results with Findus.
New certified public accountant in FMS
Hilde H. Bryn Lange started the company on Feb. 1 and has now passed his exam and received approval from the Financial Supervisory Authority as certified public accountant. We are now 3 chartered accountants in the company, which strengthens our expertise to existing and new customers. Congratulations to Hilda with her new title.
Project Accounting in spreadsheets - changes in GBS 14
Accounting Standard Board has changed the GBS 14 Bookkeeping using spreadsheets, so it is now evident that the statement also applies to the project account in the construction business.
Foreign exchange gains and losses on loans in foreign currency
Many banks now offer our customers to take out loans in foreign currency. Tax Directorate has made a review of the tax treatment of currency gains and losses on foreign currency outside the business.
FMS has partnered with the Agema Consulting
Thursday, June 17 was inngåt a strategic partnership between Føyen Management Services AS and Agema Consulting.
The picture emerges from the left CEO of FMS Frode Berge, Chairman of Agema Niels Molstad and CEO Øystein Fredrik Løvseth and right Chairman of FMS Johan Føyen.
FMS partners with Findus Norway AS
FMS has now entered into partnership with Findus Norway for the supply of financial services. With the experience gained so far negotiations are now an extension of the agreement into force in 2010. We strengthen ourselves with this as a proffesjonel player with the delivery of financial services to a demanding customer with high brand factor in the market. Our goal is that Findus Norway will be an important reference customer in 2010.
Accounting Manager Christin Creek Findus Norway AS flanked by Aina Sjaastad and Frode Berge FMS
Retrospective tax settlement for construction of buildings
The landlord must apply for reciprocating fee payment for each new contract entered into. This also applies to costs incurred by the landlord were voluntarily registered.
Property Calculator for 2010
Tax Administration has laid out a home calculator, where you can calculate the tax value of your home for 2010.
Wings Hotel AS expands cooperation with FMS
Arnt R Mikalsen currently heads a successful business in Kongsvinger and since 2002, working with FMS with 3 of their companies. He signed today a new contract with FMS where we will perform all accounting services for hotel operations, which in 2008 exceeded 25 million in revenue and has 50 to 100 persons in the payroll. We would like to become a supplier of financial services to his company where electronic data capture will be an important efficiency factor that will contribute to lower cost and more efficient operation.
Read more about the company on vinger.no
General Manager ... Read more
Forecast for the liquidity report (cash flow) on request
Føyen Management Services has over the years developed a very efficient system for liquidity reporting. We now offer this as a service on request. If we bring your accounts data is integrated. If we are not out there, you can submit a trial balance. In return you get a qualified report for the profit forecast and cash flow one year ahead of time. Depending on the complexity of the company takes this only an hour to perform for you.
This takes place:
Initial setup:
1. You will forward the trial balance and any profit budget and forecast. (The latter can we possibly set up in collaboration with you)
2. We set up ... Read more
Pay underpaid tax by 31 May
Different time limits 30 April and 31 May for the payment of additional advances / addition to the tax in order to avoid arrears or remaining tax
For self-employed and taxpayers required taxpayers is the new deadline 31 May for the payment of additional advances and additions to tax in the spring of 2009 for fiscal year 2008.
For employees and retirees with a deadline of 30 April for submission of tax returns, the deadline for payment of additional advances continue to be 30 April.
Employees or retirees who have until 31 May with the submission of tax returns as a result of participation in the company as mentioned in the Assessment Act § 4-9, with a deadline of 31 May for submission of the company mission, will also ... Read more
Article in Creno - Economy newspaper
Get a database and provide regular reporting. There are the two most important advice of Johan Føyen in Føyen Management Services.
- Far too many businesses, both small businesses with 4-5 employees and national corporations and chains, spend too much time on reporting work because they do not have good NOK procedures and systems, says Johan Føyen. As economist and founder of financial and accounting firm Føyen Management Services sees financial team that is struggling to make the time to stretch to.
Formation of corporations - without audit
The founders may memorandum authorize the Board to opt-out audit. The auditor must still verify share deposit and opening balance.
Notification of fravalg audit - electronic submission of 16 May
16. May, the Register for the submission and processing of messages about fravalg audit. Act for exemption from audit for small limited companies came into force on 1 May this year. Easy and quick submission of a statement made via Altinn.
Norwegian Special Mission AS selected business navigating from FMS AS
The system is installed and used for budgeting, forecasting and reporting of projects.
"Norwegian Special Mission AS, was founded two Develop manufacture and support technical mission equipment for airborne applications. The company is a 100% Norwegian private share holding company with strong financial standing "
The picture emerges managing director Tom Sverstad left, with President Piero Ferrari in Ferrari Automotive and Chairman of Piaggio Aero] Read more about ... Read more
EC lunch arranged by Asker Commerce and Industry of FMS a success
Friday, June 18 had FMS is responsible for arranging EC (last Friday) lunch for members of Asker Commerce and Industry. 27 members attended the luncheon where the general manager Lars O Nordal Asker Commerce and Industry welcomed.
FMS then presented their services by Frode Berge and Johan Føyen the latter presented the Business Navigation which is an important product for FMS. After lunch held Per Torvild Aakvaag from HRM Group AS an inspiring presentation on leadership. The post was inspired by the article in Aftenposten, focusing on the importance that managers understand the business culture is so important that they choose to focus on and further develop this ... Read more
FMS purchaser Active Collection and Accounting AS
We have today signed an agreement to acquire Active Collection and Accounting AS and thus has established branch in Oslo. The company currently has approximately 35 active clients and a turnover in 2009 of 1.5 million, the picture emerges from the left new manager in the company, Paul Anton ice, Trond Melbye who is a former holder of the company, Chairman of FMS Johan Føyen and CEO of FMS Frode Berge. FMS expects a huge growth through the acquisition of the company that strengthens the company's establishment in the largest cities in Norway.
FMS establishes Team 123 AS
FMS has established Team 123 AS with 3 employees located in the valley. Paul Anton ice will act as general manager and Edina Brohier will be the customer contact with his son Kim Other Already well as helper. The new company has from the start 60 companies on the customer list and expects a higher growth in the future. Edina Brohier will take further parallel with the work of the new company originating from Brohier statement which was led by mother-to Edina Brohier.
FMS will be the establishment seek a greater growth in an area where the customer base is well ... Read more
