GM Tax

Advisory Services - Business - Doing business in the UK

When considering doing business in the UK you must first give consideration as to what your tax implications and reporting obligations are in UK.
The questions to consider:
  • Am I required to establish an entity in the UK from which to trade, if so what type?
  • Will I have a UK establishment from which my business would trade?
  • Am I supplying goods or services to the UK?
  • What tax issues and business registrations do I need to consider?
  • What are my responsibilities as a business owner?
  • What are my obligations as an employer and what are the employee’s taxation requirements?
  • How substantial will my business activity in the UK be and how long do I expect to do business in the UK?
  • What are the commercial considerations?
Once again tax residency is fundamental to determine who has taxing rights over the UK business profits regardless of its incorporation in the UK.

If you are looking to do business in the UK I would recommend that you obtain professional advice to go through your options.

We are able to assist with the entire process including establishing the business, assisting with ongoing financial reporting and assisting with the end of year accounts and tax returns.

If you are looking to do business in the UK and would like a fixed fee proposal from a firm of UK tax advisors that understands the issues affecting expats living and doing business overseas please complete our online enquiry via our contact button or by calling a GM Tax office closest to you.

Once again tax residency is fundamental to determine who has taxing rights over the UK business profits regardless of its incorporation in the UK.

For Sole Traders and Directors a person’s individual residency can affect the residency of the business in the absence of a UK establishment.

If you are looking to do business in the UK I would recommend that you obtain professional advice to go through your options.

If you are looking to do business in the UK or have recently done business in the UK – and would like a fixed fee proposal from a firm of UK tax advisors that understands the issues affecting expats living and doing business overseas please complete our online enquiry via our home page or by calling a GM Tax office closest to you.

We at GM Tax provide fixed fee quotes for advisory work and tax returns

If you are being seconded to the UK or have recently arrived in the UK – and would like a fixed fee proposal from a firm of UK tax advisors that understands the issues affecting expats living and working overseas please complete our online enquiry via our home page or by calling a GM Tax office closest to you.

GM Tax also offers the following services:

  • Tax planning advice and guidance with regards to your residency status and your domicile status in the context of Inheritance Tax (IHT) planning.
  • Preparation of tax returns, with all returns electronically lodged where possible.
  • Advice on the tax position where a property is being let while a taxpayer is living overseas.
  • Assisting departing temporary residents with the recovery of superannuation monies under Australia’s DASP arrangements
  • Assistance to ensure that income is correctly taxed and not taxed twice, or double taxed.
  • This last point is particularly relevant to those who have income or capital gains which may also be subject to tax in the country in which the taxpayer is now resident.