October 12, 2022
We Are Predicting That European Companies Instruct Employers To Mandate Work From Home During The Winter
Our prediction is that the EU Commission and quite a few European Union Nation States including the UK will mandate a Work From Home Policy for Employers in their country in order to reduce energy consumption.
Think about all the gas that will be saved on the commute to and from the office.
What about all of the energy used to heat and light those offices?
Some Telco Developments that speak to this future reality :
British Telecom Is The Single Largest Electricity User In The UK : https://www.telecomtv.com/content/digital-platforms-services/uk-energy-price-caps-hand-uk-telcos-a-christmas-bonus-45484/
Orange France cuts domestic power use in face of energy crisis : https://www.mobileworldlive.com/featured-content/home-banner/orange-cuts-domestic-power-use-in-face-of-energy-crisis/
Altice France cuts power consumption as winter approaches : https://telecoms.com/517789/french-telcos-to-cut-power-consumption-as-winter-approaches/
See below our videos for other major developments
Creating A Win/Win For Employees & Employers via Cost Sharing :
Gig Worker & Work From Home Employee Tax Deduction :
Save Up To $1,500 / Year On Your Smartphone Costs :
Get A Retroactive Tax Deduction Or Tax Free Work From Home Reimbursement For Years In The Past :
Other major developments :
France to Nationalize Power Company EDF to Help It Combat Europe’s Energy Crisis : https://www.wsj.com/articles/france-to-nationalize-energy-giant-edf-to-help-it-combat-europes-energy-crisis-11657119239
JPMorgan, Deutsche Bank, and other major European banks are turning off hot water, stopping fountains, and preparing diesel generators as Russia chokes the energy supply : https://ca.yahoo.com/finance/news/jpmorgan-deutsche-bank-other-major-104232247.html
Germany’s biggest gas company refuses to rule out energy rationing : https://ca.yahoo.com/news/disaster-germans-biggest-gas-company-refuses-rationing-russia-nord-stream-170414162.html
Sweden announces emergency support for energy producers : https://www.ft.com/content/4ea1dab0-d1a8-4324-97e2-22caed5ed55c
EU to Discuss Gas-Price Caps, Derivatives Halt Amid Crisis : https://ca.finance.yahoo.com/news/eu-debate-radical-energy-intervention-181036265.html
Europe faces 'unprecedented risk' of gas shortage - IEA report : https://www.rfi.fr/en/international/20221003-europe-faces-unprecedented-risk-of-gas-shortage-iea-report
Italian Small Business Owner has had its energy bill quadrouple : https://www.theglobeandmail.com/business/commentary/article-the-harbinger-of-the-european-recession-to-come-family-businesses/
The European Union’s executive plans to raise more than €140-billion to shield consumers from high prices & will also require countries to cut electricity consumption by at least 5 per cent during peak hours, and ask them to reduce their overall electricity demand by at least 10 per cent until the end of March : https://www.theglobeandmail.com/business/article-eu-targets-140-billion-from-windfall-taxes-on-energy-companies-to-ease/
Most national monuments in France will shut off the lights earlier including the Eiffel Tower & they also plan to lower the temperature in public buildings by 1 degree, from 19 to 18 degrees Celsius (66 to 64 degrees Fahrenheit) during office hours, and to 16 C after hours and on weekends : https://www.theglobeandmail.com/business/international-business/article-eiffel-tower-to-go-dark-earlier-as-paris-saves-energy/
Europe could see a devastating 'Lehman Brothers' event as power producers face $1.5 trillion in margin calls : https://ca.finance.yahoo.com/news/europe-could-see-devastating-lehman-110000243.html
Some farmers in Europe are shutting operations and reducing production because of the energy crunch : https://www.businessinsider.co.za/food-energy-gas-crisis-europe-farmers-shut-operations-reduce-production-2022-9
Sweden, Austria Start Bailing Out Energy Companies Triggering Europe's "Minsky Moment" : https://www.zerohedge.com/markets/sweden-austria-start-bailing-out-energy-companies-triggering-europes-minsky-moment
250,000 UK Small Businesses Out Of Business Due To Inflation, Recession & Energy Costs : https://www.wsj.com/articles/inflation-consumer-pessimism-push-u-k-firms-to-close-their-doors-11664962202
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Our Mobile Cost Management (MCM) Solution :
- 70% More cost effective than a Stipend for Smartphone Reimbursement
- 75% More cost effective than a Company provided phone
- Keeps companies labour law and tax law compliant
- Protects companies against class action lawsuits by their employees for failure to reimburse or adequately reimburse
- Keeps employees reimbursed & happy in a tax efficient lower cost way than a stipend or company provided phone
- Aligns your smartphone reimbursement policy to your mileage reimbursement policy. Tax authorities globally have required a mileage book for years and now require a "mileage book for connectivity costs" denoting the business vs. personal usage & cost
30 Second Explainer Videos On How We Lower Costs For Employees/Gig Workers & Employers :
Employee WFH / BYOD Reimbursement : https://lnkd.in/dvdupVwz
Employer WFH / BYOD Cost Savings : https://lnkd.in/dZ3wU9bW
Employee & Employer Cost Sharing For Win/Win : https://lnkd.in/grWgF8Tp
Carrying 2 Phones? Save $1,500 Annually On Cell Bills : https://lnkd.in/gCZXXXSM
Tax Deduction Changes For US Gig Workers : https://lnkd.in/gj-2jmqy
Tax Deduction Changes For Canadian Gig Workers : https://lnkd.in/gHFXa5nC
Tax Deduction Changes For Australian Gig Workers : https://lnkd.in/geT95ZTM
Gig Worker & Employee Tax Deduction/Reimbursement For Previous Years : https://lnkd.in/dG5MPP3X
Canadian Employee Tax Deduction Up To $1,000 : https://lnkd.in/gUhm-chC
Non-Canadian Employee & Gig Worker tax deduction : https://lnkd.in/gD5eEke
Smartphone global tax trends : https://lnkd.in/dbvArumk