Business Travellers into the UK

The Government has announced its intention to make the terms of the UK’s short-term business visitor (STBV) annual payment scheme more generous, following the consultation on STBVs from overseas branches.

On Tuesday 15 January the House of Commons voted to reject the Withdrawal Agreement Theresa May had negotiated with the European Union. This means that there is an increased likelihood of the UK leaving the EU on 29 March 2019 without a deal in place.

The Prime Minister and her Cabinet met today, 14 November, to discuss the withdrawal agreement offered by negotiators in Brussels. We examine the social security impact on employers with mobile employees and provide recommendations for HR, tax and mobility professionals.

The Government has announced its intention to make the terms of the UK’s short-term business visitor (STBV) annual payment scheme more generous following the recent consultation on STBVs from overseas branches.

The prospective withdrawal of the United Kingdom (UK) from the European Union (EU) – so-called Brexit – is expected to have a significant impact on the social security arrangements for mobile employees.

On 14 May 2018 HMRC issued a consultation on the tax and administrative treatment of short term business visitors from overseas branches. The consultation closes 6 August 2018.

Short-term business visitors (STBVs) have become a big story in the world of mobility. It’s clear that the nature of global mobility is rapidly shifting, and that short-term business travel, as much as long-term overseas assignments, are becoming the norm. For half of organisations taking part in our recent Managing Mobility survey, informal mobility now accounts for more than 10% of their mobile population. This is partly driven by perceptions of cost, but also by convenience – better technology means we can work from anywhere in the world.

Boost for UK companies with short term business visitors (STBVs) from overseas branches - This announcement potentially represents a welcome boost to UK companies that have short term business visitors (STBVs) visiting from overseas branches.