Internationally Mobile Employees & the FIG Regime - One Year On

Introduction

The Finance Act 2025 introduced significant changes to the taxation of internationally mobile employees working in the UK from 6 April 2025.

This virtual classroom seminar considers how these new provisions are impacting both employers and employees. It will also be valuable for those looking to gain a clear understanding of the UK tax system in this area, including advisers who have clients coming to or leaving the UK.

The session is aimed at anyone who deals with, or has clients who deal with, international assignees, as well as those seeking a more detailed knowledge of the post-6 April 2025 rules on Overseas Workday Relief (OWR).

What You Will Learn

This live and interactive session will cover the following:

• The application of the FIG (Foreign Income and Gains) regime to employment income including:
• Scope of the rules
• Making a FIG employment income election
• The consequences of making an employment income election
• How the new rules apply where an employee has started their assignment in the UK prior to 6 April 2025 including:
• The tax treatment of employees who have already had the benefit of overseas workday relief or relief for chargeable overseas earnings under the old regime
• The impact of the new rules on subsisting dual contracts
• Consequential impact on other areas of employment taxes such as the tax treatment of international work-related travel and subsistence and other benefits
• Practical and administrative consequences for employers
• Pitfalls and planning points

Recording of live sessions: Soon after the Learn Live session has taken place you will be able to go back and access the recording - should you wish to revisit the material discussed.