GTN Mobility Tax Blog

In December, the Washington Post asked its readers to sum up calendar year 2020 in one word or phrase. They received over 2,000 responses with exhausting, lost, and chaotic rounding out the top three. And though it was all three of these words and more, 2020 was also a year when many of us took time to reexamine what is most important, where we want to spend our time, and how much we can accomplish when we all come together and give back.

In late December, the United Kingdom (UK) and the European Union (EU) finally reached a Brexit agreement. This agreement, called the EU-UK Trade and Cooperation Agreement (TCA), was approved on December 24, 2020 and is awaiting full ratification.

While 2020 brought new challenges to the forefront for the global mobility industry, the world of cross-border business continued. Even though business travel was greatly reduced, large scale projects were put on hold, and the day-to-day tasks of a mobility manager shifted, there remained a need to stay on top of the ever-evolving rules and regulations of the global mobility landscape.

Despite COVID-19, remote working, and many adjustments we have all had to make in 2020, we are excited to announce that GTN is collecting toys for Toys for Tots again this year! 2020 has been difficult for many families due to COVID-19 so it is more important than ever to help spread happiness this holiday season. Help us support the Toys for Tots mission of helping to bring the joy of Christmas and to send a message of hope to America's less fortunate children.

While COVID-19 continues to impact the world of business travel, there are still many companies with mobile workforces. Essential business trips didn’t stop when the pandemic hit for employees who continued to travel due to the nature of their job responsibilities. And in the current world climate, “mobile workforce” now includes remote working, work from anywhere, and commuting—all of which have seen an increase in popularity during the pandemic. While these work situations may be somewhat temporary, there are still tax risks and compliance requirements that need to be addressed.

With many employees now working remotely or working from home, is your organization ensuring the same level of data security that you would enforce if employees were working in a physical office location? The COVID-19 pandemic has caused major business disruption and forced many companies to shift their culture and move towards a new way of working. With that has come new procedures for business continuity and recovery planning that may not have been considered before.