A workation is tax deductible!
Because it concerns a work trip, you can deduct part of your travel and accommodation from your taxes. As an entrepreneur, these are operating costs, as an employee, there is often also an allowance or compensation. How exactly does that work? Check the website of the tax authorities of the country where your company is registered or where you pay your personal taxes.
Is there insurance for workations?
Regular travel insurance does not cover work activities. So if you have an accident or your laptop is stolen, your regular travel insurance won’t cover it if it turns out you were traveling for work. Because it is becoming a trend to go on workation, there are now also special workation insurance policies. Some organizations, like Knab, have recently started offering a special ‘workation insurance’ whereby not only normal travel matters such as air travel and car rental are insured, but also your laptop and your holiday activities next to your work.