You may already have found the first hire to implement the set-up. If done through a personal network, the person may be good, although his recommendation is necessarily subjective. If using a recruitment company, then their advice and reference checking would be useful, but unless on a retained basis, their main aim may be to [...]
When it comes to working from home, it can be difficult to decide what you should and should not be claiming for. As a rule, any expenditure incurred that is wholly and necessary for the purpose of the business is allowable. It should not be capital expenditure or private, although there are allowances available for [...]
Every firm of international accountants in London are competitors. Every firm will register a company, register for VAT, payroll and provide on-going support and compliance. Over the years there have been specific names that come up time and time again –competing for the same type of work – foreign direct investment (FDI). FDI is the [...]
When a new company is registered with Companies House, you need to note who should go on the PSC Register. This is a publicly accessible database, listing who the Person with Significant Control is/are. There could be more than one individual, corporate entity or trust – we look at this in further detail below. For [...]
Earlier in February we published how Paul would return to New Zealand to help more kiwi companies setup in the UK and also present at an event. Culminating in a kind offer from another speaker, David Alizade of NZ based law firm Jackson Russell, there will be two events in Auckland next week. Full registration [...]
Key Differences between a UK Formation Agent vs. UK Accountant We have recently seen a sharp uptake in the number of clients who have already formed their UK company through a formation agent, who then ask for our support and expertise to finish the setup process for their UK company. There are many reasons why [...]
You will instruct UK lawyers to prepare the UK Terms of Business setting out your terms and conditions, which are usually subject to UK law. They should be as clear and succinct as possible, preferably able to be printed on the back of one sheet of A4 paper. Should an overseas parent seek to impose [...]
Taxation matters are dealt with by Her Majesty’s Revenue & Customs (HMRC). There are thousands of pages of tax legislation, but no general anti-avoidance rules. There is generally no system of prior clearance regarding the tax treatment of a particular event or procedure, although there are telephone helplines that can provide verbal advice. However, unless [...]
‘Employing’ subcontractors is often a key discussion point we deal with when helping an overseas company start up in the UK. Usually we are asked to explain from the perspective of sub contractors vs. UK payroll. The question can be biased depending whether the sub-contractor or the employer is enquiring. A UK sub-contractor can either [...]
For overseas companies the two main choices are between a Subsidiary or a Branch (often referred to as an overseas company). A Subsidiary is a company in its own right and requires the establishment of a UK registered company. Most foreign companies set up a ‘private limited company’ that becomes a subsidiary of the foreign [...]
