Simplify the complexities
Organisations are increasingly complex, with businesses in multiple territories and they have to navigate interactions among stakeholders, workers crossing borders and the myriad different country and regional legislation and taxation regimes.
Added to this are new business models and an increasingly non-traditional workforce mix, bringing together employees and a vast array of different contractual arrangements, ‘gig’ talent and other contingent workers.
All of this means the difficulty and risk around employees continues to rise dramatically and businesses need an adviser that can meet all their employment and payroll needs.
PwC's network of employment tax specialists globally has extensive knowledge to navigate the various challenges of meeting employment tax obligations, but also proactively managing employment tax costs.
“In this increasingly complex global environment, employers face unique challenges dealing with the tax implications of recruiting, rewarding, retaining and incentivising their employees, particularly when you consider an environment where location is no longer such an issue.”
Businesses need to ensure that they understand and are managing:
- The tax and social security risks that their reward policies and working practices may be creating.
- Which countries those risks are arising in and where they are greatest.
- The impact of current and impending legislative changes.
- The extent to which they are impacted by social legislative requirements.
- The operational effectiveness of their payroll function and the extent to which they can get valuable business insights from the analytics and reporting capabilities it can provide.
Our Employment Tax and Payroll practice has vast experience to support businesses on all of these points, share insights and deliver optimal outcomes for your organisation.
Our global network
Our network of over 2,000 specialists in 150 countries and territories bring their domestic experience together with their Global colleagues to manage the risk, cost and operational challenges that are involved in employing people.
Global Employment Taxes Newsletter
Keeping up-to-date with the latest changes in legislation and meeting obligations is a challenge, particularly given the increased compliance and enforcement activities by taxation authorities across the world.
This newsletter brings together some of the largest countries globally to provide an overview of the salient issues and updates.
How we can help
Our employment tax and payroll specialists take a proactive and global approach to the often neglected costs associated with remunerating a workforce.
We also suuport businesses to understand how effectively their employment tax function supports their corporate needs with strong compliance and governance. We can help with:
- Employment tax
- Employment risk
- Employment cost reduction
- Domestic and global payroll
Employment tax
We work with businesses to develop their global employment tax strategy, understand and comply with its employer taxation obligations and prepare for tax authority reviews. We help to validate internal processes to control risks and costs and, if compliance failures occur, we work with you on remediation and can negotiate directly with tax authorities.
As employers are increasingly navigating multiple jurisdictions with numerous tax and regulatory authorities our team can help clients navigate these complexities whilst maximising the benefits for both people and business.
Employment risk
We support clients to understand and mitigate current and emerging employment risks caused by legislation and regulation, including minimum wage, pay ratios and other pay fairness issues.
We help strengthen risk management controls, policies and procedures and we work closely with PwC’s employment lawyers to identify risks related to employment structures and contracts.
Employment cost reduction
We work with organisations to understand their total employment tax costs and to identify the controllable elements.
We can support restructuring pay and benefits arrangements, such as salary sacrifice schemes, flexible working arrangements and cost-effective benefit schemes to reduce employer costs.
Domestic and global payroll
We support organisations to review the current design of their payroll delivery model and efficiency of the payroll function. We also support transforming Payroll operations to minimise compliance risk, streamline processes, standardise controls and improve efficiency and flexibility.
We have payroll experts in 160 countries / territories who assure accuracy and compliance whilst advising and consulting.
We also help to make the most of payroll data and get people analytics right.
Contact us
Global Employment Tax and Payroll Leader, PwC United Kingdom
Tel: +44 (0)7801 042607
