An opportunity to talk about social responsibility
The B Corp movement is here to change our economic system to positively impact all stakeholders — workers, communities, customers, and our planet. For us, it's not a matter of value: it's a matter of Values.
March is B Corp month . So, a few months after Coverflex became B Corp certified , we would like to take this opportunity to share with you some of the social responsibility initiatives that have earned us this recognition:
? Our users donated more than €50,000
The donations section on the Coverflex platform includes 10 institutions that are our partners, such as UNICEF and Amnesty International. All Coverflex users can use their benefit balance to help one or more institutions through the app.
? We have a special price for non-profit organisations
Coverflex has a special price for registered charitable non-profit organisations that are non-government, non-commercial in nature and are non-political, which includes B Corp companies.
? We planted over 7.000 trees (and we'll plant more)
We partnered up with TREES and funded 4,000 trees. Then, we made a forever-pledge: to fund one tree per new customer we got. So far, this promise led to planting 3,040 trees. You can read on about how TREES supports hundreds of thousands of people here .?
? We offset 100% of our carbon emissions
We worked with Plan A to figure out how much carbon we produce at Coverflex (199.54 tons) and ensure that we offset 100% of those emissions.
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As a B Corp in the fintech industry, Coverflex is now counted among businesses that are leading a global movement for an inclusive, equitable, and regenerative economy.
We are committed to constantly improve our practices and our standards, and we invite our customers, partners, and stakeholders to join us on this journey. Together, we can create a brighter and more sustainable future for everyone.
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?? Coverflex discount of the month: Emma
This month we're highlighting Emma's discount ! 5% off on all purchases with this brand, with free delivery and return, a 100-night trial and a 10-year warranty. The discount can be combined with discounts on the website.??? Follow the steps in the app ?? to enjoy this discount!
How to fill out your income tax return when you have a PPR
Do you invest in a Savings and Retirement Plan (PPR) in Portugal and want to understand how to file your income tax return in 2024? See in this article what to look out for.
Coverflex net salary calculator
We take this opportunity to remind you that you can use our net salary calculator to figure out your net income for 2024 if you work in Portugal - and you can also include what you get in Coverflex benefits! If you need help, read the FAQs on the bottom of this page or the blog post we wrote on the topic .
CoverQuiz ??
What is the impact of Coverflex benefits on net salary?
a) It depends. The impact of Coverflex benefits on net salary varies depending on the benefit(s) used. All Coverflex benefits are exempt from Social Security tax but only some are exempt from both Social Security and personal income tax.
b) The amount received in Coverflex benefits is exempt from Social Security only.
c) None. The amount received in benefits is subject to the same taxes as gross salary.
Leave your answers in the comment section below! ??
Answer: a) It depends. The impact of Coverflex benefits on net salary varies depending on the benefit(s) used. All Coverflex benefits are exempt from Social Security tax but only some are exempt from both Social Security and personal income tax.
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