SAP Concur Blog·· 2022-06-29
New Normal: Remote Workers, PPE and Potential Tax Implications
"New Normal" Considerations: Remote Workers, PPE, and Potential Tax Implications
AI Overview
A SAP Concur blog post examines expense and tax issues arising from post-pandemic remote work. It cites United Airlines predicting the industry will not return to 2019 travel levels until 2024, and an FCM study predicting business travel may remain low until 2023. The author raises potential reimbursement costs such as home internet and office equipment, noting that $65 per month for 10,000 workers adds $650,000 in monthly costs, and for 100,000 workers $6.5 million monthly. The post also discusses tax risks from 'work from anywhere' arrangements and mentions a California utility tax effective November 1, 2020.
Source:SAP Concur Blog · concur.com