Employing international staff presents unique challenges and opportunities for UK companies, particularly in managing tax obligations effectively. To leverage global talent, British businesses must have a comprehensive understanding of the tax implications and administrative processes required. Understanding the tax requirements of both the UK and the host country where employees […]
Monthly Archives: April 2024
4 posts
IR35 is a crucial piece of legislation that impacts large international companies employing workers in the UK. This law specifically addresses the issue of ‘disguised employment’, aiming to combat tax evasion by both workers and their employers. IR35 does not apply to smaller businesses—those with a turnover of £10.2 million […]
Global Minimum Tax (GMT) is an agreement committed to by more than 140 countries whereby they ensure multinational companies pay a minimum rate of tax.
The Foreign Income and Gains (FIG) regime will replace the current non-dom scheme, which was axed in the Spring Budget earlier this year by the Chancellor. If you are an individual coming to the UK, specifically if you are a high-wealth individual and are looking to bring your business here, […]