The increase in hybrid working has changed the way many businesses operate and when employees choose to work abroad, it can come with additional challenges. Whether employees choose to take short hybrid periods or long-term remote roles overseas, these arrangements can bring employers additional legal risks. While managing remote-working employees […]
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The announcement of a one-year trade truce between the United States and China has eased months of tension that had unsettled businesses and investors worldwide. Presidents Donald Trump and Xi Jinping agreed to pause further tariff increases and suspend new export restrictions in their meeting at the APEC summit in […]
For SMEs operating across borders, transfer pricing is an increasingly important issue. It governs how goods, services and intellectual property are priced when transferred between group companies in different countries and mistakes can be costly. Understanding the rules Tax authorities expect intercompany transactions to be priced at “arm’s length” – […]
When the UK and the US first announced their new trade deal, it was hailed as a breakthrough moment for post-Brexit Britain. This promised reduced tariffs, improved market access and closer economic ties between the two nations. Now that some time has passed since its implementation, UK businesses are beginning […]
The UK has long been a preferred destination for overseas investors, especially in the property market. Yet, recent tax reforms have reshaped the landscape for non-resident and returning investors alike. Following the abolition of the non-domicile (non-dom) regime, confirmed in the Spring Budget 2024, the rules governing international tax and […]
For any UK business owners who are operating internationally, you may be familiar with transfer pricing. Transfer pricing refers to the prices charged for goods, services or intellectual property when they are transferred between different parts of the same business across borders. How does transfer pricing work? Transfer pricing works […]
The United States remains one of the UK’s most important export markets. However, changes in trade policy have made selling into the US more challenging and less attractive for many British businesses. Between April and June, UK goods exports to the US fell by 13.5 per cent, equivalent to around […]
Designed for employers with employees working overseas who are subject to foreign tax, the Appendix 5 arrangement allows employers to calculate the UK tax due on an employee’s earnings after foreign tax has been deducted. As part of the PAYE system, the arrangement ensures that employees are not taxed twice […]
Understanding whether your overseas activities create a permanent establishment (PE) – and therefore local tax liability – is essential for any expanding business. Even without a fixed physical presence, certain actions, like concluding contracts abroad, could mean you become liable for local tax. That’s why it’s essential to seek expert […]
If you’re a UK-based business trading internationally, you could be liable to pay Value Added Tax (VAT) on overseas goods and services. Understanding where and when you need to charge VAT is essential to make sure you don’t fall foul of VAT legislation and end up with costly penalties and […]
