Cost Estimates and Financial Administration

Managed mobility cost and compliance delivered

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Heart Relocations financial administration of all aspects of your assignees is designed to ensure compliance and deliver reporting so you can have confidence in all aspects of your assignment programme.

Heart Relocation’s Cost Estimate tool provides unlimited revisions and covers over 100 countries. Creating a Cost Estimate at the start of the relocation can also help ensure your Return on Investment. Our technology delivers the whole package in one platform from balance sheets, cost of living allowances and compensation accumulation.

What does it involve

Heart Relocations Assignment Management Programme is tailored to fit each client’s needs from complete outsource to targeted support on key elements from cost projections and assignment preparation through the mobility phase, on assignment support and repatriation.

How does it work

The aim of our Assignment Management Programme is to deliver effective targeted support through a dedicated single point of contact, each consultant limited to a maximum of 30 cases ensures highly proactive supported with leading edge technology. Heart Relocation’s Assignment Management Programme is award winning and designed to deliver happy, productive assignees whilst maintaining cost value and delivering to your company objectives.

Frequently asked questions

Mai-Heart is powered by AIRINC and offers statistical income tax and social tax models for over 565 cities in 165 countries and over 200 tax jurisdictions.

They are reviewed at least once annually by AIRINC’s professional in-house tax team. AIRINC also researches income tax rates, taxability of allowances and tax logic such as residency thresholds, social security agreements, tax treaties in force, rules for calculating double tax relief, and expat tax concessions across 165 countries and over 200 tax jurisdictions. Tax research is conducted in-house and is sourced from several tax law sources including Wolters Kluwer (CCH), International Bureau of Fiscal Documentation (IBFD), the Big 4, and direct tax authorities.

As long as the home and host locations remain consistent Mai-Heart allows unlimited recalculations of individual cost estimates and supports this with a scenario comparison tool to enable you to compare different scenarios.

Yes, we have a “What If” costs estimate function that allows you to run various scenarios and policy elements before any selection of an employee to relocate. These attract a separate cost which will be refunded if you then decide to use that cost estimate for an assignment.

Yes, a Heart Relocation Consultant will be available to support you throughout the process offering their guidance and expertise, Heart Relocation has access to some of the most experienced and knowledgeable resources to provide whatever support is needed.

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