Travel rule changes could have tax implications

Electronic authorisation systems to digitise travel

clock • 5 min read

Alisa Bartholdy and Rehana Earle explain imminent changes to electronic authorisation systems which could have potential implications for the tax position of certain individuals...

In an era where security is paramount, immigration and border control digital transformation are continuing to pick up pace around the world. The European Union and the United Kingdom are too on the brink of a transformative change with an ambition to make their borders fully digitised by the end of 2025, each introducing their own versions of electronic systems that will reshape the way we travel. Such systems will play a pivotal role in fortifying safety measures and border controls, enabling authorities to conduct thorough pre-arrival screening. Individuals who are not currently re...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Tax planning

Labour's tax clampdown sparks fraud investigations 'spike' warning

Labour's tax clampdown sparks fraud investigations 'spike' warning

High-income individuals could look to ‘illegal tactics’, crime specialist says

Jen Frost
clock 31 October 2024 • 2 min read
Autumn Budget 24: Business owners hit with surprise tax triple whammy

Autumn Budget 24: Business owners hit with surprise tax triple whammy

Business owners face CGT, IHT, NICs changes

clock 30 October 2024 • 4 min read
Autumn Budget 24: Non-dom status abolished from April 2025

Autumn Budget 24: Non-dom status abolished from April 2025

Non-dom regime 'outdated', Reeves said

clock 30 October 2024 • 4 min read