Amelia Jenkins’ Post

The recent shifts towards remote work have introduced significant challenges for businesses, especially regarding corporate tax and legal implications. Allowing staff to work remotely outside the UK can expose businesses to complex tax and legal liabilities. However, there are strategic approaches, such as Enterprise Management Incentive (EMI) options, that can help businesses manage these challenges while offering valuable benefits to employees. https://bit.ly/4aRnvTp #ReedAccountancy #Accountancy #Finance #RemoteWork #Tax

The recent shifts towards remote work have introduced significant challenges for businesses, especially regarding corporate tax and legal implications. Allowing staff to work remotely outside the UK can expose businesses to complex tax and legal liabilities. However, there are strategic approaches, such as Enterprise Management Incentive (EMI) options, that can help businesses manage these challenges while offering valuable benefits to employees. https://bit.ly/4aRnvTp #ReedAccountancy #Accountancy #Finance #RemoteWork #Tax

The recent shifts towards remote work have introduced significant challenges for businesses, especially regarding corporate tax and legal implications. Allowing staff to work remotely outside the UK can expose businesses to complex tax and legal liabilities. However, there are strategic approaches, such as Enterprise Management Incentive (EMI) options, that can help businesses manage these challenges while offering valuable benefits to employees. #ReedAccountancy #Accountancy #Finance #RemoteWork #Tax

The recent shifts towards remote work have introduced significant challenges for businesses, especially regarding corporate tax and legal implications. Allowing staff to work remotely outside the UK can expose businesses to complex tax and legal liabilities. However, there are strategic approaches, such as Enterprise Management Incentive (EMI) options, that can help businesses manage these challenges while offering valuable benefits to employees. https://bit.ly/4aRnvTp #ReedAccountancy #Accountancy #Finance #RemoteWork James Kielty Vinny Basra Jaz James Alexandra Martin

The recent shifts towards remote work have introduced significant challenges for businesses, especially regarding corporate tax and legal implications. Allowing staff to work remotely outside the UK can expose businesses to complex tax and legal liabilities. However, there are strategic approaches, such as Enterprise Management Incentive (EMI) options, that can help businesses manage these challenges while offering valuable benefits to employees. https://bit.ly/4aRnvTp #ReedAccountancy #Accountancy #Finance #RemoteWork #Ta

The recent shifts towards remote work have introduced significant challenges for businesses, especially regarding corporate tax and legal implications. Allowing staff to work remotely outside the UK can expose businesses to complex tax and legal liabilities. However, there are strategic approaches, such as Enterprise Management Incentive (EMI) options, that can help businesses manage these challenges while offering valuable benefits to employees. #ReedAccountancy #Accountancy #Finance #RemoteWork #Ta

Insights Alert for employers and payroll/HR professionals! Are you navigating the complexities of hybrid work arrangements? My latest blog post features an in-depth interview with seasoned tax attorney, Lynn Gandhi, partner at Foley & Lardner LLP, who sheds light on the intricacies of withholding and unemployment tax considerations in the hybrid workspace. 🔍 In this must-read, we delve into: - The critical aspects of tax obligations for remote and in-office days - How to streamline tax compliance for your hybrid workforce - The number one pitfall to watch out for and how to steer clear of it 💡 Plus, this legal expert offers three best practice recommendations to help prevent inadvertent noncompliance. #HybridWork #TaxCompliance #UnemploymentTax #WithholdingTax #HR #EmploymentLaw #TaxStrategy #BusinessLeadership

Curious about the tax implications of remote work? 🤔 HMRC acknowledges that work arrangements have shifted permanently post-pandemic. Emma Clewes, Head of Tax Advisory at Prime, offers her expert insights on navigating potential legal and tax implications. Whether it's policies or expenses, staying informed is key. Read more here: https://lnkd.in/eTm8Yjhk #RemoteWork #TaxImplications #ExpertAdvice #PrimeAccountants #PrimeAccountantsGroup

The “next normal” of cross-border work is reshaping tax compliance for global financial services firms, particularly in payroll taxes. The EY 2023 Work Reimagined Survey highlights that 50% of knowledge workers prefer working one day or less per week in the office, while the EY 2024 Mobility Reimagined Survey shows that 98% of employers now track employee movements domestically and internationally. This shift toward flexible work arrangements introduces some challenges as governments implement the OECD’s Pillar Two global minimum tax project. Payroll taxes are typically deducted based on where employees reside or work, not where they are paid. This discrepancy means that if employees establish a presence in a jurisdiction unknown to the company, it could expose the business to unexpected taxes and create a permanent establishment for tax purposes. To mitigate these risks, FIs must adopt rigorous documentation practices for their workforce’s locations or leverage new tech to track and govern employee presence. A cross-functional approach with tax departments collaborating across the organization is key to tackling these issues preemptively. For a closer look at navigating the impact of remote work on BEPS 2.0, check out this recent outlook piece by Rachel D'Argenio, CPA, MBA: https://lnkd.in/ejYS2s9t

For businesses with employees on international assignments, tax complexity skyrockets. How can you prepare these mobile employees and protect your company? In her recently featured HR Daily Advisor article, "7 Communication Tips to Protect Your Mobile Employees from Tax Violations," GTN Managing Director Jennifer Stein breaks down a full communication plan from pre-assignment to repatriation. Deploying messaging at each stage helps staff understand obligations and maintains their Home-base connection. Implement Jen's tips to safely navigate global mobility taxes. https://hubs.ly/Q02x6RH20