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Business as unusual

Why manufacturing and tourism fare badly during economic crises Manufacturing and tourism are two key drivers in some of the world’s major economies. They are also sectors hit disproportionately hard during an economic crisis, when discretionary spending declines. During a crisis caused by a pandemic, both supply and demand are impacted, as workers in factories

  • briars group relocation consultancy

Passport, face-mask, Covid-19 policy – tick!

With the constantly changing picture, and uncertainty surrounding travel plans, quarantine rules and home viewings, relocation support has become even more invaluable to ensure clients are properly looked after and kept safe during the pandemic. New Normal As relocation support services recommence, a new way of working needs be taken into account to reflect this

  • pro pay briars

Reduced Costs of Hiring in Belgium

Could your business benefit from reduced employer costs for a first employee in Belgium this year? According to Briars’ Belgium partner Pro-Pay, it is distinctly possible.  For a company that has never hired an employee in Belgium before, the cost of labour is reduced due to lower employer social security contributions.  This is applicable for

  • FBAR

The Foreign Bank Account Report (FBAR) – do you need to file?

Filing US tax returns is a well-known responsibility of American ex-pats, but the Foreign Bank Account Report (FBAR) is often forgotten. This can be costly, as failing to file the FBAR can draw the attention of the IRS, and lead to some harsh penalties. A United States person that has a financial interest in, or

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  • child and child briars

Global responses to the Covid 19 crisis

Getting economies back on their feet whilst trying to control the spread of an invisible killer.  Those are the general aims of responding to Covid-19 - the world’s most unwelcome recent visitor.  All economies that have the resources are more or less following similar practices such as social distancing (at least indoors, many also outdoors),

  • expat tax haven

HMRC’s crackdown on overseas tax evasion

In a single year, HM Revenue & Customs’ (HMRC) crackdown on overseas tax evasion has seen a massive increase in the number of people admitting to not paying tax. According to a Freedom of Information (FOI) request, 867 British expats declared they failed to pay the amount they owed in 2018-19. This marks a 12-fold

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  • IR35 Tax Delay

Covid-19 emergency postpones tax reforms

The UK government has delayed proposed changes to the IR35 tax rules until 2021 in response to the COVID-19 crisis.  MP Steve Barclay, the chief secretary to the treasury, unexpectedly announced the move on the evening of March 17th and was keen to stress that it was merely a postponement. Mr Barclay said: "I can

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