The growth of global remote working could seriously diminish the UK government’s tax take as workers fail to return to the UK, according to tax and advisory firm Blick Rothenberg.
The COVID-19 lockdown has seen thousands of UK-based workers leave the UK for at least part of the lockdown period. They continue to work overseas which means that many of these UK workers will now become liable to tax and social security payments in the overseas countries where they live.
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