Christian C. Moesch

Certified Fiduciary
Licensed Audit Expert
Member of the Board

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New regulation of residential property taxation

It is well known that our politicians have been working for decades on a new solution for the taxation of residential property, specifically the abolition of the deemed rental income (Eigenmietwert). Most recently, there was hope that this old project could now actually succeed.

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Time and performance recording in the company

Time is money, and companies must use their resources optimally to remain competitive. Numerous pragmatic digital solutions exist in working time recording that represents a step towards digitalization, increased efficiency, and flexibility, and not just for HR processes.

Excel tables or manual time tracking belong to the past. There are now several digital options for legally compliant recording and calculating working and performance times. Whole solutions with integrated tools that, in addition to working hours, also include, for example, personnel deployment planning or payroll accounting, are becoming increasingly popular. Through interface solutions, companies can optimize their processes, not depend on third-party systems and save valuable resources. Anyone who uses one tool for personnel data management, another for the cash register system and a third for personal time recording loses time and pays double or even triple.

The different industries have specific requirements, including time and performance recording. For example, service providers such as law firms, management consultants or trustees rely on recording the time by project or mandate to carry out billing correctly. Choosing a software solution with integrated performance tracking is crucial for these companies. There are also different working time models. For mechanics, for example, mobile recording of working hours, absences and more while on the go via a smartphone or tablet application is an efficient solution.

In Switzerland, multiple large and small industry solutions providers are tailored to specific needs. They offer integrated functions such as project management or online handling of appraisal interviews and support companies in optimizing their internal work processes. In addition, depending on the system solution, employees can be given more or less individual responsibility. The list of requirements and possibilities is long. But the many offers on the market share one thing: digitality. And this offers numerous advantages:

Increased efficiency
By using digital time and performance recording systems, companies can automate and optimize their administrative processes, such as HR controlling, which significantly increases efficiency.

Accuracy
Digital capture systems reduce human error, highlight mistakes, and ensure accurate data capture, improving billing and reporting accuracy. They can help companies comply with legal regulations and minimize compliance risks.

Flexibility
Different locations, languages, or parallel projects do not pose a challenge. Most digital system solutions can be tailored to individual needs without generating enormous additional costs. For example, access rights can be considered and assigned or denied accordingly.

Overview
Companies can monitor their working hours and performance in real-time, allowing them to respond quickly to changes and optimally use their resources. The overview created also makes it easier to deal with freelance workers, part-time work, or overtime, for example and allows for more informed strategic decisions.