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Advanced Transfer Pricing Agreements (APAs) are integral for companies that operate on a global scale. An APA is essentially a prearranged agreement between a multinational company and one or more tax authorities which stipulates the transfer pricing method for transactions between associated enterprises in different countries. These agreements are vital […]

The UK is an outstanding base for global entrepreneurs, famed not only for its cultural icons but also its business-friendly environment. Indeed, the charm of the UK extends beyond its classic fish and chips, unpredictable weather, and historical landmarks – it represents a promising frontier for your entrepreneurial ambitions. For […]

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 […]

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, […]

Larger corporations generally have more resources and strategies to manage currency fluctuations compared to smaller businesses. Nonetheless, it’s entirely possible for smaller enterprises to effectively address these challenges as well. Understanding the effects of currency volatility is vital for any business aiming for financial stability, particularly those operating internationally. Currency […]

VAT complexity increases significantly when your supply chain becomes international and presents a multitude of implications for businesses engaging in cross-border trade. Understanding these implications is crucial, as VAT affects every stage of the supply chain, from procurement to the sale of goods and services. This article aims to dissect […]

Traditionally, non-domiciled individuals (non-doms) – individuals residing in the UK but domiciled elsewhere – had the advantage of choosing how they were taxed on foreign income. This choice included either the remittance basis, paying UK taxes only on income brought into the UK, or the arising basis, where global income […]

Tokyo stands as a global hub for the economy, on par with New York and London. This vast city, home to over nine million people, opens up remarkable opportunities for international businesses, particularly with Japan’s sizable domestic market of 125 million individuals. We often regard Tokyo as a crucial entry […]