HCR: Tax Implications of Hiring Staff Locally vs. Traditional Assignments
Commuter and short term assignments are rising, as are rotational and group assignments as companies look to share knowledge and costs more efficiently.
Tailored services, too, are on the increase as more relocation management companies, both domestic and international, seek to address key areas of assignments and international business objectives rather than stick to a ‘one size fits all’ approach. This has also been further fuelled by companies diversifying in their destination locations – of which many are still developing and require different services and a smarter approach.
Employees being brought to the UK under local contract will often find that the tax rules for UK staff are not as generous as those applicable to seconded employees. In a new white paper Gill Salmons from HCR’s international tax partner Baker Tilly explores the tax implications of hiring staff locally in the host country vs. traditional assignments.
Covering topics from tax equalisation and UK based contracts to detached duty relief and visa/immigration details, this white paper explores the most recent trends on the tax and immigration issues affecting the globally mobile and those managing their international moves.