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Managing business traveller risk

Managing business traveller risk

This animation illustrates some of the ways that businesses may inadvertently create a ​corporate tax, employment tax and immigration risk​​​​ and highlights the need to be pro-active in managing these ​issue​s​.

Digital PEs: change is coming – are you ready?

The world of tax as we know it is changing. Dealing with globalisation and the digitalisation of the economy is posing taxpayers and policymakers a significant headache. What is feeding this tension, and where might we end up? More importantly, what should businesses be doing to engage with these changes and prepare themselves? PwC’s David Murray and Alenka Turnsek seek to answer these important questions.

EU: Key vote on important changes to Posting of Workers Directive

The Posting of Workers Directive (PWD), introduced in the European Union (EU) in 1996, is an important piece of legislation with two objectives: protect the employment rights of employees working temporarily in another European country and prevent unfair competition between businesses in lower- and higher-cost European territories.

Who in your business has ownership for business traveller risk?

The risk profile of business travellers has grown significantly over the last few years as ‘informal mobility’ has grown and in some organisations partly replaced more formal expatriate arrangements. The areas of risk – personal tax, immigration, employment law, corporate tax and cost, retention and personal safety – are similar to those that apply to more formal expat arrangements but there tends to be less structure and process in place to manage these risks.

Unlocking the power of data to track and manage business traveller risks

In an increasingly connected world, business travel is essential for companies to maintain and expand their global footprint. So it's no surprise that according to the Global Business Travel Association, in 2016 worldwide organisations spent US$1.3 trillion (approx £1 trillion) on business travel. However, together with great opportunities, this can equally be problematic for companies, as authorities are increasingly scrutinising the activities of mobile workers.

The first steps to tracking UK short-term business visitors

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. Read more in this PwC blog by Ben Wilkins, a Partner in our People and Organisations practice.

Managing mobility in a world reshaped by BEPS

We wanted to understand better how organisations are tackling the challenges of global mobility and managing the risks posed by the BEPS recommendations; our survey of informal mobility management completed by 224 companies in 26 countries suggests that there’s still important work to be done.

Gathering STBV data: It’s all about quality

We’ve written recently about the importance of tracking your short-term business visitors (STBVs). But when it comes to the practicalities, that’s easier said than done. At our recent Business Traveller event, we spent a lot of time discussing how gathering data works in practice, and heard from companies that were at a range of stages in implementing STBV risk managed approaches.