social security planning

Social security charges are a major component  of your staff costs.  If you are looking for ways to minimise these costs in relation to any employees to be seconded overseas or if you are recruiting overseas for a new employee, then you should seek advice from PetersonSims to plan for the assignment at an early stage.

The EU Regulations on the payment of social security contributions are now well entrenched but still we come across clients who have misinterpreted the rules and are paying contributions in the wrong jurisdiction.   Since both employer and employee contributions are affected, this can be an expensive mistake to make.  

We can help find a solution to your spiralling social security costs whether you are an owner-managed business with directors living outside the UK or a business considering expansion into Europe or beyond.  We have extensive experience of planning based around the EU Regulations and all of the international Social Security Agreements .