Business
Whether or not it is practical for a business to have employees working overseas will depend on the business, but there are some benefits. In this episode on global mobility, we discuss key considerations businesses need to be thinking about.This is especially relevant now as the pandemic has had a big impact on how and where we work. We are starting to adopt new ways of working again as restrictions begin to be relaxed.A key considering is whether or not to give employees flexibility to work outside the UK. Businesses who choose to adopt international remote working arrangements may gain access to a more global and diverse talent pool, and also benefit from improved talent attraction and retention. There are, however, various tax, HR and legal considerations. To receive the latest tax updates, subscribe to our mailing list here: https://bit.ly/3qFWRaLThis episode was recorded on 23/06/2021This S&W The Pulse podcast is of a general nature and is not a substitute for professional advice. No responsibility can be accepted for the consequences of any action taken or refrained from as a result of what is said. The views expressed are not necessarily those of the presenter or of Smith & Williamson or any of its affiliates. No reproduction of this podcast may be made in whole or in part for professional or recreational purposes. No action should be taken based on this podcast and we accept no liability if we change your views on any of the subjects mentioned.Tax [and Government] legislation is that prevailing at the time, is subject to change without notice and depends on individual circumstances. Clients should always seek appropriate tax advice before making decisions. HMRC Tax Year 2021/222.