RELOCATION BLOG
Are you relocating employees to the UK? Here we try to make the subject of relocation taxation a little clearer for you to understand.
If your organisation is considering relocating an employee to the UK or is already contributing towards employee relocation costs, the organisation will incur certain tax, National Insurance and reporting obligations, so you need to be aware of which relocation costs incur tax and what needs to be reported to HMRC.
Domestic employee relocation is relatively straight forward in terms of communication, even in countries that span multiple time-zones, like the USA.
However, international relocation can be a completely different kettle of fish. You might be tempted to think that a relocation from Germany to the UK wouldn't throw up too many communication challenges, but what happens at 6PM when the employee in Germany needs to get hold of the UK-based HR or relocation team? Well, it's 5PM in the UK and the majority of folk are heading home. That query will just have to wait until the following morning, regardless of how important it may be.
Often with exporting, it’s the first step which proves the greatest hurdle. Unlike many other countries, UK businesses can be apathetic towards exporting. A recent YouGov poll revealed that well over half the sample of British businesses traded solely within the UK, 90 percent of those respondents have no ambition of pushing their produce overseas.
Exporting can be a daunting task, but for UK manufacturers there is a realm of opportunity in international trade expansion. Here are some tips for would-be manufacturing exporters.
