Flexible Office Space Is Changing How People Do Office
Replace the burden and risk of a traditional office lease with the agility and cost savings of flexible office space. Distribute your workforce across several prestige locations, scale up and down as required and focus on running your business rather than your office. Rock up, plug in and elevate your brand, people culture to the next level. Take Advantage of Tax Benefits Save money on your office expenses by taking advantage of new accounting practices. Effective from 2019, International Financial Reporting Standard (IFRS) 16 will change the accounting practices for occupiers of real estate, eliminating offbalance sheet reporting and requiring them to recognise most leases on balance sheets as liabilities. Since any lease obligation of less than 12 months is exempted and can still be booked as an expense, the latest realestate market research reporting expects more occupiers to increasingly look for shorter term leases and increase their use of flexible space. Enjoy Pre
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