Various provisions have been implemented in Australia for 2021 which have set-forth updated structures for tax, leave, and hiring restrictions. A new, lowered tax rate and raised tax threshold has been proposed by government officials in New South Wales, effective as of July 1,2020. This will be a provisional decrease in the rate in, and will put it at 4.85% for 2020-21 and 2021-22.
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During these challenging times, we are doing all we can to support businesses and their employees. As uncertainty pervades the current business environment, questions regarding labor laws, hiring, expansion plans, taxation, and more have arisen. Our experts are closely tracking global regulation changes, providing regular updates, and offering day-to-day operational and advisory support. Find out more by visiting our COVID-19 resource center. COVID-19 Resource Center
Get the latest news and insights on global PEO Services, Payroll, HR Technology and Workforce Management
Brexit: The new VAT treatment and whom it applies to
The UK has set forth VAT rules for the sale of goods, just concurrently with the culmination of the Brexit transition period. Effective from January 1st, 2021, UK VAT is now applicable for the sale of goods by foreign taxable persons. UK businesses who have utilized a deferral for VAT payments, may now repay the deferred payments in reduced and interest-free payments over an 11 month period.
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Shanghai Tax Bureau Now Collecting Social Insurance
China has implemented a new social insurance collection process in which the Shanghai tax bureau is now collecting the insurance. Effective since November 1st, 2020, the Shanghai tax bureau is now collecting social insurance instead of the social bureau. It is imperative that employers are compliant and ensuring that payments are being made to the correct bureau.
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COVID-19 Relief and LTC Changes in India
Given the immense impact that the pandemic has had on travel and employment, government and finance officials have implemented several Covid-19 relief packages and LTC changes in India. The Indian Parliament has now passed 3 main labor reform bills for 2020; the Social Security code, the Industrial Relations Code, and the Occupational Safety, Health and Working Conditions Code.
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Switzerland Approves Paid Paternity Leave
Switzerland has approved paid paternity leave of two weeks for new fathers. Based on a new mandate by Swiss Parliament, new fathers are now eligible for compensated paternity leave for up to two weeks. This statutory mandate began implementation on January 1st, 2021, and is funded by income compensation allowances (APG).
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Ultimate Beneficial Owner Filing Requirements in Italy
Ultimate beneficial ownership filing requirements in Italy mandates that all companies operating in Italy are required to report and maintain an ultimate beneficial owner. The Legislative Decree 231/2007 has proposed a mandate that all business entities must file information pertaining to beneficial ownership (“UBO”) by March 15, 2021.
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Changes to Leave Policies in Ireland
Ireland leave changes for 2020 include increases in unpaid parental leave time, and introduction of new paid sick and parental leave (CoVid-19) Bill. As of September 01, 2020, the unpaid parental leave time in Ireland has been raised from 22 weeks to 26 weeks per parent.
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Australia Increases Annual Leave Time for Employees
In light of the current pandemic, many employers around the world have began to implement changes into their workplace policies, especially those pertaining to leaves. Employees in Australia are now provisionally entitled to take up to two-times their annual leave at half-pay.
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Brexit: Establishing a Trade Deal Between EU and UK
The Queen has approved the Brexit EU-UK trade deal, declaring it an official law in the UK. After lengthy deliberation, an agreement between Britain and the European Union has been passed outlining the Brexit EU-UK trade deal.
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When Speed Matters – Global PEO Success Stories
When expanding globally, speed and personalization are often critical to successfully hiring candidates. When speed matters, our Global PEO Services team works 24/7 across time zones to make things happen for our Clients and their employees.
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Contractor vs. Employee vs. PEO
If you’re hiring people internationally, you’ll want to think carefully about the different ways you can engage talent and which hiring option is the best fit for your business. It is especially important to pay attention as the relationship between you and your hires changes over time to make sure your workforce continues to be classified correctly.
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Global PEO Services Joins ADP Marketplace Canada
Global PEO Services (GPS), a Professional Employer Organization (PEO), has joined ADP Marketplace Canada, the largest HCM digital storefront where companies can tailor their HR solutions through apps that leverage ADP® platforms and data.
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Global PEO Services Named ADP Marketplace Platinum Partner
Global PEO Services (GPS), a Professional Employer Organization (PEO), has been selected by ADP as an ADP Marketplace Platinum Partner.
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A Customized Approach to Global PEO
In need of support for their international employees, and intent on maintaining efficient global operations, a multi-national non-profit organization turned to Global PEO Services to ensure compliance, establish payroll and benefits continuity, and transition them to a consolidated PEO solution.
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Hiring Globally. Is an International PEO Right for You
Are you looking to expand your business in the US or internationally? Register for this panel to hear experts in outsourced HR provide insights on PEO/EOR services and flexible workspace options.
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The Global Shift Towards Outsourced Expansion, HR, and Workspace Solutions
Are you looking to expand your business in the US or internationally? View this panel to hear experts in outsourced HR provide insights on PEO/EOR services and flexible workspace options.
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Global Hiring Options
Many businesses go global to access greater talent pools, reach new markets, and diversify their teams for better business continuity. With that being said, we’ve listed out the top 15 countries by GDP in 2020.
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ADP Meeting of the Minds
This isn’t just another event to tick off on your conference circuit. For over 25 years, ADP Meeting of the Minds has inspired, motivated, and given businesses and individuals the...
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Top 15 Countries by GDP in 2020
Many businesses go global to access greater talent pools, reach new markets, and diversify their teams for better business continuity. With that being said, we’ve listed out the top 15 countries by GDP in 2020.
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Business Expectations After Working Remote
Business growth requires more than simply adjusting to a changing economic landscape. Companies need to take a step back and reflect on what trends will come and go, and which will become permanent.
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