Many companies operating in the UK qualify for audit exemption, meaning they are not legally required to have their accounts audited. However, for UK subsidiaries of international groups, the situation can often be more complex. Even if a subsidiary meets the UK criteria for audit exemption, a voluntary audit might […]
Yearly Archives: 2026
Chancellor Rachel Reeves delivered her Spring Statement and she stuck to her promise of it not being a full fiscal event. Although there were no new tax changes, there were also no announced reliefs or additional support for businesses that are facing ongoing financial challenges. The Chancellor also raised her […]
New trade uncertainty has emerged after President Donald Trump introduced a new 10 per cent global tariff on imports into the US. While it is lower than the 15 per cent rate he had proposed, the move has unsettled markets and left UK importers questioning what is next. What is […]
More and more companies are operating internationally and so are their workforces. Some UK businesses may even choose to appoint directors who live overseas. While international board appointments bring valuable expertise, they can cause unexpected UK tax liabilities and often double taxation. If you are a non-UK resident director of […]
Many businesses often rely on international travel to build client relationships and support cross-border operations. However, when overseas employees visit the UK for work, employers can face unexpected Pay As You Earn (PAYE) obligations. With HMRC increasing its focus on globally mobile employees, managing Short Term Business Visitor (STBV) compliance […]
The Department for Business & Trade reported that there was a 12 per cent fall in Foreign Direct Investment (FDI) in the UK during 2024 to 2025. Despite this, the UK continues to stand out as one of Europe’s most attractive destinations for international investors and remains the second-largest recipient […]
The OECD’s Pillar Two rules and the introduction of a global minimum tax rate will affect many multinational businesses operating across borders. However, after months of negotiations, US-based multinationals will now be exempt from the 15 per cent tax rate and will continue to rely on domestic regimes. For US-headquartered […]
Recent comments from US President Donald Trump to impose new tariffs have created concerns for many businesses trading internationally. While these measures are still proposals, the potential impact on UK companies that import from or export to the US could be substantial and potentially worth preparing for. What are the […]
The UK has long been a popular destination for overseas businesses looking to establish or grow their presence internationally. The country values international investment and offers access to a skilled and diverse workforce, but it does require you to meet strict regulatory requirements. Registration and ongoing compliance are where many […]
The Government is on a mission to make the UK one of the most attractive destinations in the world for foreign investors. In October 2025, Chancellor Rachel Reeves announced a new investment fast track, which included the creation of a one-stop shop for overseas financial services firms. The one-stop shop […]
